Updated. Companies that make online games, social networks, and web coupons seem to be able to raise a lot more money in IPOs right now than companies that make energy technology, greener transportation, and biofuels. Zynga’s reported potential $2 billion raise could deliver Zynga five times Tesla’s combined IPO and follow-on offering. If Groupon raises at least $750 million, it would bring in more than the IPOs of Amyris (s amrs), KiOR (s kior), Gevo (s gevo), and Zipcar (s zip), and the planned IPOs of EnphaseEnergy and Luca Technologies combined. It’s kind of sad, actually.
Greentech IPOs
| Company | Sector | Size of IPO (or planned IPO) |
|---|---|---|
| Amyris | Greentech/biofuels | $84.8 million |
| KiOR | Greentech/biofuels | $150 million |
| Gevo | Greentech/biofuels | $95.7 million |
| Enphase Energy | Greentech/solar | Planned up to $100 million |
| Luca Technologies | Greentech/natural gas | Planned up to $125 million |
| BrightSource | Greentech/solar | Planned $250 million |
| Zipcar | Greentech/car sharing | $174 million |
| Tesla (s tsla) | Greentech/electric car | $226 million in an IPO, and $152.43 million in a follow-in offering |
| Solazyme (s szym) | Greentech/biofuels | $198 million |
Social media IPOs that have happened or are planned:
| Company | Sector | Size of IPO (or planned IPO) |
|---|---|---|
| LinkedIn (s lnkd) | Social media | $352.8 million |
| Pandora | Social media/music | $235 million |
| Zynga | Social media/gaming | Estimated as much as $2 billion. |
| Groupon | Social media/online coupons | Potentially $750 million or more. |
| Kayak | Social media/travel | $50 million (not every one is huge) |
| Social media | If it ever IPOs, a heck of a lot |
Image courtesy of schumachergirl1956.
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agreed, there is no metric for comparison here. IPO amount does not equal company valuation. once you have company valuation, then comparing that to revenue is interesting. p/e ratio.
Would like to see your charts expanded to include a revenue column. Viewed in the light of real revenue and profits, I don’t think the valuation differences are that irrational.
This a snapshot in time. Let’s see how CleanTech and digital media IPOs compare in 5 years.
I love this use of the Twins pic and get that the cleantechies are supposed to be dinky, but in real life Cleantech people are better looking and generally more hale.
Also would love to see an addition metric column, something like: tons of CO2 avoided or some other measure other than dollars to contrast the real world impact of a company like KiOR with that of Zynga. Which will look more important in 100-200 years I wonder?
Oh yeah. Ill add them in. thanks!
You forgot Solazyme. And yes, it is sad.