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Unicorns Can't IPO Fast Enough to Repay Backers

机译:Unicorns无法足够快地偿还支持者

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摘要

Among U.S. technology companies, particularly unicorns-those valued at $1 billion or more-2019 is shaping up to be the biggest year since the dot-com bubble in terms of the total value of stock sold in initial public offerings. Lyft had its IPO at the end of March. Pinterest is slated to go public this month, and Uber Technologies will follow within weeks. Silicon Valley's dirty secret is that these IPOs are just a sprinkling of rain in a desert for thirsty investors. So far in this decade, $644 billion has been put into young U.S. technology companies-by maverick venture capitalists, stodgy mutual funds, and just about anyone else with money to spare, according to financial data provider PitchBook and the National Venture Capital Association. The global figure is approaching $1 trillion. Those investors eventually must be paid back and generally want at the very least twice what they put into a fledgling company.
机译:在美国技术公司中,特别是独角兽 - 估值10亿美元或更多-1019的人正在塑造,这是因为在首次公开募股中销售的股票总价值方面的DOT-COM泡沫的最大年度。 Lyft在3月底有其IPO。 Pinterest本月将于公开,优步技术将在几周内追随。 Silicon Valley的肮脏秘密是,这些IPO只是在沙漠中洒在渴的投资者的雨中。据财务数据提供商纸板和国家风险投资协会,迄今为止,在这十年来,迄今为止,已将64.4亿美元的专业公司投入到年轻的美国技术公司,臭名稳定的共同资金,并将其他任何人都有金钱备用。全球数字接近1万亿美元。这些投资者最终必须偿还,并且通常至少需要两次他们投入删除公司的两倍。

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