You'd have lost nearly 20% of your money if you bought these 21 hot tech IPOs of 2014 and 2015

REUTERS/Lucas Jackson

After the manic IPO market in 2014 and the drop-off in 2015, the tech market has been all but dead in 2016. Not a single tech CEO took their company public in the first quarter of 2016.

But that's expected to change later this week, when Dell will spin off its security unit, SecureWorks. Even with that, though, pickings have been slim.

So we thought that it was a good time to look back and see if the frenzy of the past couple of years has been worth it to investors.

We examined the opening stock prices of the 10 hottest tech IPOs of 2014 along with some of the most hyped crop of 2015, and then looked at what they trade for today: mid-day on April 19. Note: this is the opening retail price, not the offer price sold to institutional investors before opening day.

While a handful of companies are trading above their IPO opening-share price, most are not. Overall, this portfolio is down nearly 19%.

OnDeck Capital: -70% since IPO

Google Finance

IPO Date: December 2014
Funding from IPO: $200 million
Offering Price: $20
Opening Share Price: $26.63
Current Price: $8

OnDeck helps small businesses find loans through alternative sources, like bank warehouse lines and by selling loans to the second market.

Coupons.com (aka Quotient Technology): -67% since IPO

Google Finance

IPO Date: March 2014
Funding from IPO: $168 million
Offering Price: $16
Opening Share Price: $32.43
Current Price: $10.78

A way to obtain coupons online and with mobile devices, Coupons.com was founded in 1998 and took no investment until 2011. It changed its name in October.

Lending Club: -66% since IPO

Google Finance

IPO Date: December 2014
Funding from IPO: $870 million
Offering Price: $15
Opening Share Price: $23.43
Current Price: $8.04

Lending Club, the peer-to-peer lending marketplace, hauled in three-quarters of a billion dollars in its successful IPO. But that kind of enthusiasm for the stock didn't continue.

See the rest of the story at Business Insider