5 ms·
I'm sure it went something like this: 1)Give the number from this economically disastrous year, 2)find the other years with the highest number of IPO's and l
by beastman82 18y ago
I'm sure it went something like this:
1)Give the number from this economically disastrous year,
2)find the other years with the highest number of IPO's and list them.
3)Use this ridiculously skewed comparison to prove your point
- ohhmaagawd 18y agoTake a look at the years since SOX was passed. IPOs have plummeted.
- beastman82 18y agoI would love to, if WSJ provided the aforementioned graph.
- wavesplash 18y agoNot a graph, but here's a table of IPO data: http://bear.cba.ufl.edu/ritter/IPOs2008VC.pdf http://bear.cba.ufl.edu/ritter/IPOs2008VC.pdf
- wavesplash 18y agocorrelation != causation.
- jerf 18y ago2008 wasn't economically "disastrous" until the very end. Up until October, it wasn't too dissimilar from 2007. http://lawprofessors.typepad.com/securities/2008/02/januarys-ipo-co.html http://lawprofessors.typepad.com/securities/2008/02/januarys... : "January [2008] was a slow month for IPOs, with only five that raised a total of $892 million. This compares with ten in January 2007 that raised a total of $2.25 billion." I quickly googled, and there's probably more to look at here, since either 5 of the 6 IPOs did it in January, or there's different counting methodology in action here. Still, it's down even in months that weren't bad. It's not just statistical gaming, even if that's in play. Asking what changed is still fair.