{"id":22444,"date":"2017-04-19T16:31:10","date_gmt":"2017-04-19T14:31:10","guid":{"rendered":"http:\/\/cms.munich-startup.net\/?p=22444"},"modified":"2017-04-18T15:24:22","modified_gmt":"2017-04-18T13:24:22","slug":"ipos-collapse-in-2016","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/22444\/ipos-collapse-in-2016\/","title":{"rendered":"IPOs collapse in 2016"},"content":{"rendered":"

Last year, European tech companies raised almost 40 percent less money on the stock market than in 2015. However, the volume of private placements remained stable.<\/strong><\/p>\n

The investment bank Bryan, Garnier & Co. (here an interview with Munich Managing Partner Falk M\u00fcller-Veerse<\/em><\/a>) examines Europe's tech investment market. The analysis found that the volume of IPOs by European tech companies plummeted from \u20ac10.7 billion in 2015 to \u20ac6.7 billion in 2016. The number of IPOs fell from 59 to 52.<\/p>\n

During the same period, the volume achieved through private placements remained stable at just over \u20ac8 billion. The number of these transactions increased from 217 to 255. Unlike an IPO, shares in private placements are not offered publicly but only to a specific group, such as large investors.<\/p>\n

\"\"<\/a>
\u00a9 Bryan, Garnier & Co.<\/figcaption><\/figure>\n

For the first time since 2012, tech companies met their capital needs more privately than through public participation. However, much has changed since then: five years ago, the market for private placements was still at 3.2 billion euros, while IPOs generated only 1.6 billion euros.<\/p>\n

Upward trend in IPOs expected in 2017<\/h3>\n

According to investment bankers, Europe isn't alone in experiencing a slump in IPOs: The situation is similar in the US, where several major IPOs were thwarted at the last minute by strategic buyers. Greg Revenu, co-founder of Bryan Garnier, expects an increasing number of IPOs in 2017. He points to the IPOs of Spotify and Dropbox, among others:<\/p>\n

"These IPOs could act as an icebreaker after Snapchat's IPO had a mixed track record, but the stock is still trading above its issue price."<\/p><\/blockquote>\n

Revenu predicts that this upswing will likely be felt in Europe with a six- to 12-month delay. Even in the face of major political events such as Brexit and the French presidential elections, he remains calm:<\/p>\n

\u201cThe tech sector is relatively protected because it is comparatively less dependent on political decision-making than traditional industries, trade, or the healthcare sector.\u201d<\/p><\/blockquote>\n<\/div>","protected":false},"excerpt":{"rendered":"

Last year, European tech companies raised almost 40 percent less capital on the stock market than in 2015. In contrast, the volume of private placements remained stable. The investment bank Bryan, Garnier & Co. (here's an interview with Munich-based Managing Partner Falk M\u00fcller-Veerse) is examining Europe's tech investment market. The analysis found that the volume of IPOs...<\/p>","protected":false},"author":26,"featured_media":22460,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5634,1],"tags":[157],"acf":[],"yoast_head":"\nIPOs brechen 2016 ein - Munich Startup<\/title>\n<meta name=\"description\" content=\"Vergangenes Jahr sammelten europ\u00e4ische Tech-Unternehmen fast 40 % weniger Geld in IPOs ein als noch 2015. Stabil blieb das Volumen von Privatplatzierungen.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/22444\/ipos-collapse-in-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IPOs brechen 2016 ein - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Vergangenes Jahr sammelten europ\u00e4ische Tech-Unternehmen fast 40 % weniger Geld in IPOs ein als noch 2015. Stabil blieb das Volumen von Privatplatzierungen.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/22444\/ipos-collapse-in-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-19T14:31:10+00:00\" \/>\n<meta name=\"author\" content=\"Simon Tischer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Simon Tischer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/\",\"url\":\"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/\",\"name\":\"IPOs brechen 2016 ein - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2017\/04\/stock-exchange-738671.jpg\",\"datePublished\":\"2017-04-19T14:31:10+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/cab6cd082a88a9e4b2d6ca61a9031a4d\"},\"description\":\"Vergangenes Jahr sammelten europ\u00e4ische Tech-Unternehmen fast 40 % weniger Geld in IPOs ein als noch 2015. Stabil blieb das Volumen von Privatplatzierungen.\",\"breadcrumb\":{\"@id\":\"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#primaryimage\",\"url\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2017\/04\/stock-exchange-738671.jpg\",\"contentUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2017\/04\/stock-exchange-738671.jpg\",\"width\":1920,\"height\":818,\"caption\":\"B\u00f6rse IPO\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cms.munich-startup.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IPOs brechen 2016 ein\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cms.munich-startup.net\/#website\",\"url\":\"https:\/\/cms.munich-startup.net\/\",\"name\":\"Munich Startup\",\"description\":\"Das offizielle Startup-Portal f\u00fcr M\u00fcnchen\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cms.munich-startup.net\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/cab6cd082a88a9e4b2d6ca61a9031a4d\",\"name\":\"Simon Tischer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0768e5403c34aa0074a7e723cd3a2795?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0768e5403c34aa0074a7e723cd3a2795?s=96&d=blank&r=g\",\"caption\":\"Simon Tischer\"},\"description\":\"Von Dezember 2015 bis Juni 2023 war Simon Tischer als Redakteur f\u00fcr Munich Startup t\u00e4tig.\",\"url\":\"https:\/\/cms.munich-startup.net\/en\/author\/tischer\/\"}]}<\/script>\n<meta property=\"og:image\" content=\"https:\/\/cms.munich-startup.net\/en\/wp-content\/uploads\/2017\/04\/stock-exchange-738671.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"818\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IPOs collapse in 2016 - Munich Startup","description":"Last year, European tech companies raised almost 40 percent less money in IPOs than in 2015. The volume of private placements remained stable.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cms.munich-startup.net\/en\/22444\/ipos-collapse-in-2016\/","og_locale":"en_US","og_type":"article","og_title":"IPOs brechen 2016 ein - Munich Startup","og_description":"Vergangenes Jahr sammelten europ\u00e4ische Tech-Unternehmen fast 40 % weniger Geld in IPOs ein als noch 2015. Stabil blieb das Volumen von Privatplatzierungen.","og_url":"https:\/\/cms.munich-startup.net\/en\/22444\/ipos-collapse-in-2016\/","og_site_name":"Munich Startup","article_publisher":"https:\/\/www.facebook.com\/munichstartup\/","article_published_time":"2017-04-19T14:31:10+00:00","author":"Simon Tischer","twitter_card":"summary_large_image","twitter_creator":"@munich_startup","twitter_site":"@munich_startup","twitter_misc":{"Written by":"Simon Tischer","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/","url":"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/","name":"IPOs collapse in 2016 - Munich Startup","isPartOf":{"@id":"https:\/\/cms.munich-startup.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#primaryimage"},"image":{"@id":"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#primaryimage"},"thumbnailUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2017\/04\/stock-exchange-738671.jpg","datePublished":"2017-04-19T14:31:10+00:00","author":{"@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/cab6cd082a88a9e4b2d6ca61a9031a4d"},"description":"Last year, European tech companies raised almost 40 percent less money in IPOs than in 2015. The volume of private placements remained stable.","breadcrumb":{"@id":"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#primaryimage","url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2017\/04\/stock-exchange-738671.jpg","contentUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2017\/04\/stock-exchange-738671.jpg","width":1920,"height":818,"caption":"B\u00f6rse IPO"},{"@type":"BreadcrumbList","@id":"https:\/\/cms.munich-startup.net\/22444\/ipos-brechen-2016-ein\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cms.munich-startup.net\/"},{"@type":"ListItem","position":2,"name":"IPOs brechen 2016 ein"}]},{"@type":"WebSite","@id":"https:\/\/cms.munich-startup.net\/#website","url":"https:\/\/cms.munich-startup.net\/","name":"Munich Startup","description":"The official startup portal for Munich","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cms.munich-startup.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/cab6cd082a88a9e4b2d6ca61a9031a4d","name":"Simon Tischer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0768e5403c34aa0074a7e723cd3a2795?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0768e5403c34aa0074a7e723cd3a2795?s=96&d=blank&r=g","caption":"Simon Tischer"},"description":"From December 2015 to June 2023, Simon Tischer worked as an editor for Munich Startup.","url":"https:\/\/cms.munich-startup.net\/en\/author\/tischer\/"}]},"og_image":[{"width":1920,"height":818,"url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2017\/04\/stock-exchange-738671.jpg","type":"image\/jpeg"}]},"_showyear":"","_inactive":"","_show_financing":"","_hide_on_map":"","_edit_lock":"1492523956:26","_edit_last":"24","_yoast_wpseo_focuskw":"IPOs","_yoast_wpseo_metadesc":"Vergangenes Jahr sammelten europ\u00e4ische Tech-Unternehmen fast 40 % weniger Geld in IPOs ein als noch 2015. Stabil blieb das Volumen von Privatplatzierungen.","_yoast_wpseo_linkdex":"90","_thumbnail_id":"22460","wbounce_status":"default","_yoast_wpseo_primary_category":"","_yoast_wpseo_focuskw_text_input":"IPOs","_yoast_wpseo_content_score":"60","ms_image_format":"","_ms_image_format":"","ms_dachzeile":"","_ms_dachzeile":"","ms_bump_post_date":"","_ms_bump_post_date":"","guest_author_name":"","_guest_author_name":"","guest_author_image":"","_guest_author_image":"","guest_author_description":"","_guest_author_description":"","ms_post_image_caption":"","_ms_post_image_caption":"","ms_post_image_credit":"","_ms_post_image_credit":"","suppress_startupbox":"","_suppress_startupbox":"","_yoast_wpseo_estimated-reading-time-minutes":"","_wp_old_date":"","_yoast_wpseo_title":"","_yoast_wpseo_wordproof_timestamp":"","footnotes":"","easy_language_simplification_original_id":"","easy_language_source_language":"","easy_language_simplification_language":"","easy_language_api":"","easy_language_prevent_automatic_mode":"","_wp_old_slug":"","_wp_trash_meta_status":"","_wp_trash_meta_time":"","easy_language_simplification_state_changed_from":"","easy_language_de_EL_changed":"","ms_competition_deadline":"","_ms_competition_deadline":"","_wpbitly":"","enclosure":"","_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","wbounce_template":"","wbounce_title":"","wbounce_text":"","wbounce_cta":"","wbounce_url":"","wbounce_override":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_oembed_7131efca3705e16bd9da2c41df237660":"","_oembed_time_7131efca3705e16bd9da2c41df237660":"","_pprredirect_type":"","_pprredirect_url":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","_newsletterglue":"","easy_language_text_language":"","_wp_desired_post_slug":"","_relevanssi_noindex_reason":"","_links":{"self":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/22444"}],"collection":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/comments?post=22444"}],"version-history":[{"count":0,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/22444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media\/22460"}],"wp:attachment":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media?parent=22444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/categories?post=22444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/tags?post=22444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}