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It feels like so much of the IPO class of 21-22 was just a 0 interest rate phenomenon. I did this analysis of fintech IPOs last year. So many of them are down b
by pranshum 4y ago
It feels like so much of the IPO class of 21-22 was just a 0 interest rate phenomenon. I did this analysis of fintech IPOs last year. So many of them are down by 80% and growth is slowing. https://yarn.pranshum.com/ipos_int https://yarn.pranshum.com/ipos_int
- dpflan 4y agoNice write up, would be nice to have full company names in addition to tickers.
- abduhl 4y agoIsn’t this kind of the story of the stock market writ large though? I don’t recall the exact number but some researcher found that like 95% of the net gains in the market are attributable to less than 5% of companies.
- dragontamer 4y agoIPOs at least have to file their business model + documents (balance sheet, cash flow, and profit/losses) before taking investor money. SPACs effectively raise money before they even find a business model. There is no balance sheet, there is no cash flow, there are no profits (or losses). --------- So while yes, your discussion about "bubbly IPOs" is warranted, its also kind of off topic with regards to SPACs. SPACs are just another level of risk far beyond IPO. I feel like a comprehensive discussion would compare IPOs in 2022 vs SPACs in 2022, and see how the two methodologies compared.