The IPO market is heating up again, but it won’t change how fast companies go public

The IPO market is heating up again, but it won’t change how fast companies go public

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/04/23/the-ipo-market-is-heating-up-again-but-it-wont-change-how-fast-companies-go-public/

It’s been an exciting couple of months for startup employees and public market shareholders alike, as a growing number of brands that have talked about going public for some time are finally marching out the door and, on the whole, receiving enthusiastic receptions. Lyft, Zoom, PagerDuty, and Pinterest all priced above their marketed ranges in splashy public offerings. Uber is meanwhile veering toward what’s expected to be the biggest IPO in years by seeking what’s rumored to be a $100 billion valuation.

But industry watchers hoping that companies might start going public sooner as they once did may be in for some disappointment. At least, according to industry players with whom we’ve spoken, a broader shift isn’t likely to happen soon – – if ever — again. In fact, absent a dramatic development, it’s far more likely that startups will continue staying private as long as they possibly can.

The IPO market is heating up again, but it won’t change how fast companies go public

Apr 24, 2019, 1:24am UTC
https://techcrunch.com/2019/04/23/the-ipo-market-is-heating-up-again-but-it-wont-change-how-fast-companies-go-public/ > It’s been an exciting couple of months for startup employees and public market shareholders alike, as a growing number of brands that have talked about going public for some time are finally marching out the door and, on the whole, receiving enthusiastic receptions. Lyft, Zoom, PagerDuty, and Pinterest all priced above their marketed ranges in splashy public offerings. Uber is meanwhile veering toward what’s expected to be the biggest IPO in years by seeking what’s rumored to be a $100 billion valuation. > But industry watchers hoping that companies might start going public sooner as they once did may be in for some disappointment. At least, according to industry players with whom we’ve spoken, a broader shift isn’t likely to happen soon – – if ever — again. In fact, absent a dramatic development, it’s far more likely that startups will continue staying private as long as they possibly can.