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(Photo credit: Bryan R. Smith/AFP/Getty Images). It's shaping up to be a solid year for IPOs, with Spotify and Dropbox among the well-known companies that will seek the public markets in 2018 amid a soaring bull market. Despite the attention given to the high-profile disappointments of Blue Apron and Snap, the IPO market finished a respectable year in 2017, having rebounded from a stretch of lackluster activity. The number of U.S. IPOs jumped by 50% to 160 last year, according to Renaissance Capital. Companies raised a cumulative $35 billion, which is nearly twice as much as the year before. "What we've seen, in my mind, is a really rational IPO market," says David Ethridge, PwC’s U.S. IPO services leader. Full story

13 January