FOR IMMEDIATE RELEASE

New York, USA (March 08, 2015) - The hottest names in the market this coming year will be Uber, Pinterest, Drop box and Spotify. Uber – the social ride sharing service is expected to lead to one of the largest offerings on Wall Street this year.

The company, currently trading at a value of 40 billion USD, is expected to issue stocks at an initial valuation of 60 billion. so estimates Joseph Grinkorn, social media expert for pre-IPO companies on Wall Street and Morris Group CEO, who added that, overall, during the coming year Wall Street is expected to receive a cash injection of 200 billion USD from social media IPOs.

Grinkorn added that the Wall Street IPO market is expected to see a significant dominance of shares related to social media and technology. Two other companies are expected to start offering stocks at an initial 20 billion USD. The first is Pinterest, a social network based on sharing pictures according to chosen topics, which recently raised 500$ million according to current a value of 11$ billion. The second company is the cloud storage firm Drop box, who is expected to go public at a rate similar to Pinterest. Finally one other company expected to go public on Wall Street is Spotify - which provides digital music services for subscribers it is expected to start offering at a "modest" 10$ billion.

Grinkorn adds that the IPO boom is expected to continue in 2016 which is likely to start off with the public offerings of Snap chat – the limited time photo sharing app, they are expected to go public at a value of 30$ billion; and AirBnB - connecting between landlords and tenants for short term rental periods, which is expected to be issued at approximately 20$ billion USD. This compared to the present valuation of 19$ billion for Snap chat and 10 billion for AirBnB.

The Morris Group Companies specializes in equity investments for private and public social media and technology companies, high return real estate investments and commercial / residential financing.

More information can be found at: http://www.Morris-Group.co

Media Contact:
Morris Group
Office: 212-521-408
www.Morris-Group.co
[email protected]

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