The tech IPO market place collapsed in 2022, and future calendar year would not look a lot greater

Crucial Details

IPO deal proceeds plummeted 94% in 2022, in accordance to Ernst & Young’s IPO report published in mid-December.
Not a single tech deal lifted $1 billion this year, after 15 IPOs elevated at the very least that significantly in 2021, in accordance to FactSet.
“Till we see a persistent return to clever funds allocation as the principal driver of investment choices, I think the IPO current market will battle,” reported David Trainer of New Constructs.

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