This year set a record for travel companies going public or announcing they will go public, setting up 2022 to be another banner year, too.
In 2021, a half-dozen companies had traditional IPOs. In the following chart, “cash to balance sheet” is our estimate of how much money went to the company after shareholders, debts, and other items were paid.
Another trend in 2021 was a surge in the popularity of special purpose acquisition companies (SPACs). Skift began the year alerting readers to what these blank-check companies were and why they would be popular in 2021.