There were around 300 tech IPOs in 1999. There were 136 total IPOs in 2012. It's a completely different field right now. If it was 1999 almost all of the serie

There were around 300 tech IPOs in 1999. There were 136 total IPOs in 2012. It's a completely different field right now. If it was 1999 almost all of the series A companies we see right now would have already IPO'd.