I suspect you're overestimating the impact of bond rates on VC or IPOs. What does the data say? IPOs have declined during a period of low rates, and at first gl

I suspect you're overestimating the impact of bond rates on VC or IPOs. What does the data say? IPOs have declined during a period of low rates, and at first glance there doesn't appear to be any clear correlation between inflation-adjusted IPO size and interest rates. Know of data that says otherwise? This study finds that low rates were correlated with less IPOs, not more: https://www.researchgate.net/publication/5184917_Interest_Rates_and_Initial_Public_Offerings https://www.researchgate.net/publication/5184917_Interest_Ra... Even A16Z lists a bunch reasons IPOs are declining (in a period of low rates), none of which seem related to bond rates: https://a16z.com/2017/06/19/ipos/ https://a16z.com/2017/06/19/ipos/