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Generally consensus is a recession is going to happen in the next year or two, and the next good time to IPO won’t be for several years after it that.

bduerst 7y ago
Yep. That's why we've seen a glut of public offerings in the past 18 months, as CFOs push to get them out before the drought.
joering2 7y ago
... which has absolutely nothing to do with going IPO, since they would cash out/in and get access to stockholders money at the exact day of their IPO, not "next year or two". If you do not need to raise money there are limited reasons to go public, however you have much stricter reporting requirements, and general things you cannot do anymore since you are publicly traded, not to mention hostile takeovers, etc. Dell's story is a great example why you want to go public / go back private. https://www.forbes.com/sites/connieguglielmo/2013/10/30/you-wont-have-michael-dell-to-kick-around-anymore/ https://www.forbes.com/sites/connieguglielmo/2013/10/30/you-...
- ceejayoz 7y ago
  > which has absolutely nothing to do with going IPO Sure it does. You can't do an IPO in a day. A company starting the process now risks having the recession start before the IPO goes live.
acchow 7y ago
Visa IPO’d during the Great Recession in 2008.
- sureshv 7y ago
  Visa's underlying fundamentals didn't change due to a recession.
  - acchow 7y ago
    Stripe is also in the payments space. I wouldn't expect Stripe's financials to change any more than Visa's during a recession.
    - ryanmercer 7y ago
      Visa makes a ton of money just off of necessary debit card transactions. As far as I know Stripe doesn't have a whole lot of groceries/gas stations/drug stores/doctors offices/etc as customers. From what I've seen Stripe mostly has customers that are selling non-essential services and luxury goods. They'd be far more likely to suffer during a recession than Visa. I mean, Visa does around 1,700 transactions per second on average [1] and handled over 2 trillion dollars in a single quarter last year [2] [1] https://hackernoon.com/the-blockchain-scalability-problem-the-race-for-visa-like-transaction-speed-5cce48f9d44 https://hackernoon.com/the-blockchain-scalability-problem-th... [2] https://www.digitaltransactions.net/visa-surpasses-2-trillion-in-payment-volume-in-its-third-quarter/ https://www.digitaltransactions.net/visa-surpasses-2-trillio...

bduerst 7y ago

Yep. That's why we've seen a glut of public offerings in the past 18 months, as CFOs push to get them out before the drought.

joering2 7y ago

... which has absolutely nothing to do with going IPO, since they would cash out/in and get access to stockholders money at the exact day of their IPO, not "next year or two". If you do not need to raise money there are limited reasons to go public, however you have much stricter reporting requirements, and general things you cannot do anymore since you are publicly traded, not to mention hostile takeovers, etc. Dell's story is a great example why you want to go public / go back private. https://www.forbes.com/sites/connieguglielmo/2013/10/30/you-wont-have-michael-dell-to-kick-around-anymore/ https://www.forbes.com/sites/connieguglielmo/2013/10/30/you-...

ceejayoz 7y ago
> which has absolutely nothing to do with going IPO Sure it does. You can't do an IPO in a day. A company starting the process now risks having the recession start before the IPO goes live.

acchow 7y ago

Visa IPO’d during the Great Recession in 2008.

sureshv 7y ago
Visa's underlying fundamentals didn't change due to a recession.
- acchow 7y ago
  Stripe is also in the payments space. I wouldn't expect Stripe's financials to change any more than Visa's during a recession.
  - ryanmercer 7y ago
    Visa makes a ton of money just off of necessary debit card transactions. As far as I know Stripe doesn't have a whole lot of groceries/gas stations/drug stores/doctors offices/etc as customers. From what I've seen Stripe mostly has customers that are selling non-essential services and luxury goods. They'd be far more likely to suffer during a recession than Visa. I mean, Visa does around 1,700 transactions per second on average [1] and handled over 2 trillion dollars in a single quarter last year [2] [1] https://hackernoon.com/the-blockchain-scalability-problem-the-race-for-visa-like-transaction-speed-5cce48f9d44 https://hackernoon.com/the-blockchain-scalability-problem-th... [2] https://www.digitaltransactions.net/visa-surpasses-2-trillion-in-payment-volume-in-its-third-quarter/ https://www.digitaltransactions.net/visa-surpasses-2-trillio...