Last year was an anomaly in that there were few major tech initial public offerings (IPOs) worth getting riled up about. Snap Inc (NYSE:SNAP) was perhaps the last major tech IPO, and that took place in 2017 (and was very disappointing).
Enter Lyft. The ride-sharing giant finally released some hard numbers regarding its IPO. More importantly, the Lyft IPO seems closer than ever, and I believe that investors will be able to see big gains when its stock goes public in one of the biggest tech IPOs in 2019.
My track record on predicting major tech IPOs in the recent past is pretty good; I rightly called that SNAP stock would be.
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