While the number of IPO’s hitting the market is not close to the levels of the dot-com era, the share of current IPO’s that are losing money is approaching levels last seen in the late 90’s.
Thought this was interesting given the series of high profile IPOs expected this year. Lyft recently went public (losing money and trading below offering). Other potential IPOs this year include: Uber, Airbnb, Slack, Palantir Technologies, Robinhood, Beyond Meat, Zoom, Pinterest, Postmates, WeWork.
Sarah Kanwal
Equity Analyst, Director
Direct: 617.226.0022
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Crestwood Advisors
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