For tech startups looking to go public, there's no better place than the U.S., as Tableau Software reminded us last week.
The provider of digital charting tools raised $254 million, the largest initial public offering for a U.S. tech company this year. Tableau delivered an off-the-charts return of more than 3,000 percent on its opening day to New Enterprise Associates, an early investor.
But beyond the U.S., what other countries are hospitable to high-tech public offerings?
Bloomberg Rankings set out to answer that question by examining about a hundred countries to determine which had the highest percentage of public companies in high-tech. Companies in that industry specialize in aerospace and defense, biotechnology, hardware, software, Internet software and services, semiconductors, and renewable energy.
Here's what they found:
Country (% of public companies in high-tech)
- United States (22.9)
- Netherlands (19.0)
- Sweden (18.1)
- Germany (16.7)
- South Korea (16.2)
- Israel (14.7)
- France (11.1)
- Denmark (10.9)
- Finland (10.1)
- Switzerland (9.2)
(Note: Only companies that have been public a year or longer and have a market value of at least $1 million were included. Also, countries with fewer than 100 publicly listed companies overall were excluded.)