This post is by Pallavi Rao from Visual Capitalist


See this visualization first on the Voronoi app.


A chart with the number of tech IPOs on American exchanges from 1980–2023.

Charting Four Decades of U.S. Tech IPOs

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Big technology companies have been enjoying a wave of stock market success, driving much of the growth in the S&P 500 index since the pandemic. Five of the companies currently dubbed the “Magnificent Seven” are behemoths in the tech space, with market capitalizations rivaling the size of entire countries’ GDPs. We visualize the number of tech IPOs on American exchanges from 1980–2023. Data is sourced from “Initial Public Offerings: Updated Statistics” a database run by economist Jay R. Ritter, from the Warrington College of Business, University of Florida.
ℹ Tech stocks are defined as internet-related stocks plus other technology stocks, not including biotech

New Tech Listings in 2021 Broke a 20-Year-Record

From the heydays of the Dotcom boom, when more than 350 companies hit the exchanges in 1999, the number of tech IPOs has dropped steeply over the years. In fact, the Dotcom boom, driven by investor enthusiasm for internet technologies, and subsequent bust, due to a lack of capital and business viability, left a significant impact on the market. Tech IPOs stayed in the double-digits for the next 20 years.
YearU.S. Tech IPOs
198022
198172
198242
1983173
198450
198537
198677
198759
198828
198935
1990 (Read more…)