Here are the top 10 companies behind the Midas list of 2022: ForbesMidas
Every year, TrueBridge looks at the top ten companies creating significant value for investors on the Forbes Midas List. While we tend to see new company drivers every year as industry upstarts emerge to spur returns, this year’s list is made up almost entirely of veteran companies, with the exception of newcomers Kuaishou, Roblox, and Nubank.
Notably, the 2022 list only features two private companies – ByteDance and Stripe – which reflects a sharp decrease in private company drivers from prior years. Most of the 2022 drivers went public in the past few years, and those IPOs delivered the most exit value to our top VCs for this year’s List. In a turn of events, a newfrom Renaissance Capital shows that March 2022 saw the slowest weeks the IPO market has seen in six years, with 18 companies raising a mere $2.
Another recurring theme we saw this year was the dominance of Asian-based companies, with nearly a third of the top drivers hailing from Asia and, in particular, China. Historically, companies from Asia have had a strong showing on the list of top drivers for the Midas List, and this year was no different as industry behemoths like ByteDance, Coupang, and Kuaishou continued to create value for their investors.
ByteDance has undergone a major reorganization of its business over the past year, creating six business units and undergoing several executive changes. Founder Zhang Yiming announced his resignation as CEO in May and as Chairman in November, and CFO Shou Zi Chew stepped down in the fall to focus on his role as TikTok CEO. The company also recently disbanded its investment arm and eliminated a global team in its human resources department.
The Wall Street Journal reported in July that, after weighing an initial public offering of all or some of its businesses in the US or Hong Kong, ByteDance decided to put its intentions to list on hold after government officials told the company to focus on addressing data security risks.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Top 10 Companies Behind The Midas List 2022: Veterans And Public Companies DominateThe 2022 list of Midas movers is made up almost entirely of veteran companies, with the exception of newcomers Kuaishou, Roblox, and Nubank.
Weiterlesen »
Consensus 2022 Presented by CoinDesk | June 9-12, 2022Each morning of Consensus2022 will have wellness classes and meet-ups. Come by for yoga, meditation, breathwork and sound baths. Register:
Weiterlesen »
New York 2022 : Un top 10 des nouveautés ‘sous le radar’ | Actualités automobile | Auto123Auto123 vous fait découvrir les nouveautés qui sont passées un peu sous le radar au Salon de l’auto de New York, édition 2022, en format Top 10.
Weiterlesen »
Top 10 Highest-Paid NFL QBs for 2022 Season After Carr DealAll of the moving and signing during the season coupled with existing contracts leaves fans wondering: Who really has the biggest payday? 💰
Weiterlesen »
New York 2022: A top 10 of 'under the radar' highlights | Car News | Auto123Auto123 brings you a Top 10 list of the event highlights that went a little under the radar at the 2022 New York Auto Show.
Weiterlesen »
Coachella 2022: Find Out Who’s Performing & WhenHarry Styles, Billie Eilish and so many more of my faves ✨
Weiterlesen »