Vroom’s new IPO pricing is great news for unicorns
https://techcrunch.com/2020/06/08/vrooms-new-ipo-pricing-is-great-news-for-unicorns/
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Last week we noted that the IPO window was open, a seemingly incongruous reality when compared to stark unemployment figures in the country and what they would seem to bode for business health. But as the markets rise to near-record highs, it has become clear that investors are open to buying new, growth-oriented shares.