A flurry of initial public offerings hit the tech industry in 2019, putting popular brands into the public markets. But 2020 could be just as exciting.

This year brought welcome liquidity to a number of so-called unicorns—private tech companies with valuations over $1 billion. The high-profile businesses included ride-share rivals Lyft and Uber Technologies, social media platform Pinterest and indoor fitness company Peloton.

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