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None of those companies went public with a noble goal of making the public rich. They went where the easiest money was. Why would this signal an I.P.O. drought
by freewilly1040 7y ago
None of those companies went public with a noble goal of making the public rich. They went where the easiest money was.
Why would this signal an I.P.O. drought? If anything it’s the opposite, easy money is no longer available in private markets so we might now return to normalcy.
- PaulHoule 7y agoIf the public doesn't believe it can get rich investing in new stocks, then they won't buy new stocks. What really drives IPOs is the demand. If Uber turns into an epic fail it will be that much harder for the next big IPO. It will draw in regulators, etc. Ultimately one hand has to wash the other.