2021 Funding, Exits & IPO’s – #FEIbabcsf

2021 Funding, Exits & IPO’s – #FEIbabcsf

Wednesday, February 24, 2021

7:00 – 8:00 pm EST


Despite the doom and gloom of 2020 for small businesses and social gatherings, the financial markets appeared to tell a very different story with the Dow Jones Industrial Average recovering over 10,000 points since March and the NASDAQ soaring to over 12,000 points by mid-December.

The work from home, buy from home, work-out from home, do everything from home and get everything delivered to your home appears to have singlehanded propelled the stock markets to record highs and the technology industry has been both a big contributor to and beneficiary from this.

If you were focused back in March you would have bought shares in Amazon, Tesla, Cloudflare, Peloton or Zoom among others. As it became clear that we needed a vaccine you might have been looking at Moderna, Pfizer or Novavax but as we started to get used to living with this virus and return to business as usual working from home, wearing masks and social distancing a handful of massive technology company IPOs drove the NASDAQ to record highs. Silicon Valley companies were largely responsible for this growth including Snowflake, JFrog, Sumologic, Palantir, Asana, Doordash and Airbnb.

Through December 10th there were over 400 IPO deals in the U.S market with 23 of those being Silicon Valley Venture Capital backed deals.

So what is the outlook for 2021? With the political future more certain, a vaccine on the way, volatility relatively low and valuations high should we expect 2021 to be a big year for technology company IPOs?

Join us for an evening of lively, engaging and fun discussions and hear more about how things might work out for the technology community in 2021 and get a chance to ask questions our panel of Venture Capitalists. We will see how accurate their 2020 forecasts were and will see if we can have them make some forecasts for 2021.

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The BABCPHL recognizes our Club Level Members:

  • Almac
  • American Airlines
  • Baker Tilly
  • Cigna
  • Cigna
  • Duane Morris
  • EisnerAmper LLP
  • Faegre Drinker Biddle & Reath LLP
  • Forensic Resolutions
  • Johnson, Kendall & Johnson, Inc.
  • Johnson Matthey
  • Morgan Lewis
  • Olympus
  • Penn Medicine
  • Welsh Government