Predicting this next IPO window

One of my projects in the next few weeks is mapping out which companies are likely filing a S1 and going public post Labor Day. There’s a handful of obvious ones that we know are happening and we’re already planning for. These companies can either go public whenever they choose to, or they have already begun plans for a 2025 IPO for a long time. Those are the easy ones.

What’s obviously much harder to map out are the companies that are a bit more under the radar or perhaps on the fringe of having “ideal” IPO conditions.

As much as we focus on the pre-IPO world, there’s inevitably companies that we do not have a good pulse on for various reasons. They could be a more international presence where we don’t focus as much. Or simply do not have a ton of employees on a traditional equity plan. Or we just haven’t been fortunate enough to know much about them.

Then there’s the companies that have IPO ambitions in 2025, but may not have the typical profile. Perhaps they have a bit slower growth rate or they may not be at the ideal scale yet. If things go well with some of these IPOs, I suspect a handful of these types of companies will attempt to go public.

We won’t be 100% in our mapping here, but the goal is to try to forecast and plan as much as possible for what we will see in the coming weeks/months.