Initial public offerings (IPOs), where a private company offers its stock on a public exchange for the first time, provide a business with instant liquidity, publicity and offer a return for employees and early investors.
The technology IPO market floundered in 2016, the slowest year since 2008, so investors were keen for fresh opportunities last year. The results have been mixed though, with consumer tech companies struggling with their IPOs, such as Snap and Blue Apron, but enterprise tech companies, such as big data specialist Cloudera, have remained well above their initial stock price.
And with Spotify reportedly filing for IPO, could this year be the year of the tech IPO?
So, in no particular order, here are some of the biggest tech IPOs in recent years.
Majority of figures are in $ USD and come from CNBC and this incredibly useful spreadsheet from Crunchbase News.