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3-PART SERIES
2026 US IPO Guide
You'll Regret Missing
PART 1
Midweight 5 · $15B–$90B
Cerebras
Discord
Kraken
Revolut
Canva
You weren't supposed to find this. 🍯
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Starting with Part 1 — midweight
(up to $90B valuation)
PART 1 NOW Midweight · $15B–$90B Cerebras · Discord · Kraken Revolut · Canva PART 2 SOON Heavyweight · $100B+ SpaceX · OpenAI Stripe · Databricks PART 3 SOON Lightweight · Sub-$10B Strava · Fervo Energy Quantinuum · Monzo
Save now. Check back on listing day 📌
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Cerebras
Nvidia's Challenger · $23B
Expected: April 2026 Strengths World's largest AI chip (WSE-3) $10B deal with OpenAI 20x faster inference vs Nvidia Risks 87% revenue from 1 client CFIUS review delays Nvidia's ecosystem moat Key Investors Fidelity · Sequoia · Coatue · Benchmark
Nvidia's biggest rival. IPO next month.
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Discord
Community Giant · $15–25B
Expected: Q1–Q2 2026 Strengths 200M monthly users Gaming + creator infra Rejected MS's $12B bid Risks Revenue per user is tiny Nitro-dependent model Monetize vs community Key Investors Greenoaks · Index Ventures · Fidelity
Turned down $12B from Microsoft.
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Kraken
Crypto Exchange #2 · $15–25B
Expected: H1 2026 Strengths #2 global crypto exchange Pro-crypto regulation wave $500M pre-IPO round done Risks Coinbase has first-mover Tied to crypto cycles SEC overhang remains Key Investors Hummingbird · Pre-IPO syndicate
BTC rally + IPO window open at once.
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Revolut
Europe's Top Neobank · $75–90B
Expected: H1 2026 Strengths 45M+ customers globally $1.35B revenue, profitable Banking + investing super-app Risks CEO ousted over IPO timing London vs NYSE undecided EU regulatory complexity Key Investors SoftBank · Tiger Global · Coatue · DST
Europe's super-app. 45x bigger than Monzo.
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Canva
Design Democratized · $42–56B
Expected: 2026 Strengths $3.3B ARR, 7yrs profitable 240M monthly users Enterprise push + AI tools Risks Figma IPO underperformed Head-on fight with Adobe CEO lukewarm on going public Key Investors Fidelity · Sequoia · Blackbird · T.Rowe
The only truly profitable IPO candidate.
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Same VCs.
All Five Companies.
Investor CRB DIS KRK REV CNV Fidelity Sequoia Coatue Index Ventures SoftBank Tiger Global
Fidelity in 3. Coatue in 2. Follow the money.
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Side by Side
Company Value Profit? Timeline FOMO Cerebras $23B No Apr 🔥🔥🔥 Discord $15–25B No Q1–Q2 🔥🔥 Kraken $15–25B TBD H1 🔥🔥 Revolut $75–90B Yes H1 🔥🔥 Canva $42–56B Yes 2026 🔥
Save and revisit on listing day 📌
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📢 PART 2 PREVIEW
The $100B Club
Is Coming
SpaceX $1.5T · OpenAI $830B
Stripe $159B · Databricks $160B
VCs already made 100x.
You're taking their seat.
Follow for Part 2 📌
Soonsal Soonsal

Not investment advice. Soonsal does not hold positions in these companies.