Get the latest tech news
Despite recent successes, IPO market still won’t fully open until 2025
Experts say macroeconomic factors including the upcoming election and the current state of the economy will deter too many IPOs this year.
“I don’t think we will have the floodgates open like I might have thought,” Greg Martin, co-founder and managing director at Rainmaker Securities, told TechCrunch. Jeremy Glaser, a lawyer and co-chair of Mintz’s venture capital and emerging companies practice, said that despite how the recent IPOs have performed thus far, people need more data than just a few weeks, or a month, of trading to feel confident. Colin Stewart, Morgan Stanley’s global head of technology equity markets, recently told CNBC that he thinks 10 to 15 companies could go public this year — right in line with Martin’s prediction — and that 2025 will be better.
Or read this on TechCrunch
