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Yes, in the same report, page 27, in 1999, 78% of IPOs were tech companies (that was the peak year for .COM IPOs).
by 11thEarlOfMar 8y ago
Yes, in the same report, page 27, in 1999, 78% of IPOs were tech companies (that was the peak year for .COM IPOs).
- mirimir 8y agoI don't mean just IPOs. From the article: > When I say “shrinking,” I’m using a specific definition: the reduction in the number of publicly traded companies on exchanges in the United States. In the mid-1990s, there were more than 8,000 of them. By 2016, there were only 3,627, according to data from the Center for Research in Security Prices at the University of Chicago Booth School of Business. So how many of those ~4400 publicly traded companies that disappeared between the mid-1990s and 2016 were .com IPOs?
- 11thEarlOfMar 8y agoI couldn't find an accounting, but here are a few names from a 1999 Wired article[2]. The only one I recognize is Priceline: - iTurf TURF* - Autobytel ABTL* - Extreme Networks EXTR - iVillage IVIL* - Priceline PCLN - Vignette VIGN* - Web Trends WEBT* - Healtheon HLTH* - VerticalNet VERT* * No longer trading [2] https://www.wired.com/1999/04/hot-ipos-are-flaming-out/ https://www.wired.com/1999/04/hot-ipos-are-flaming-out/