Which Will Be a Better IPO: Coupang or Rivian?
The market for initial public offerings (IPO) has been hot over the past year and shows no signs of cooling. Unicorns, or companies worth more than $1 billion, have become the rule rather than the exception, with a growing number of start-ups easily eclipsing this benchmark. Electric vehicle maker Rivian is planning to make its debut later this year, while Korean e-commerce platform Coupang is planning to go public as early as next month. These highly anticipated debuts are expected to fetch valuations in the neighborhood of $50 billion.
On this clip from Motley Fool Live recorded on Feb. 12, "The Wrap" host Jason Hall and Fool.com contributors Danny Vena and Jamal Carnette discuss the market opportunity for these up-and-comers and which one has the potential to double first.
Source Fool.com
