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Unicorns Are Hesitant, Zero IPOs in 1Q 2016
By: Daniella Soloway
In the first quarter of this year, zero tech companies filed for an IPO. This marks the slowest period since 2009. According to Renaissance Capital, the health care sector had eight IPOs.
Current market volatility is serving as the biggest red flag for companies facing IPOs. Due to the current status, eight companies actually postponed going public.
According to Dow Jones VentureSource’s preliminary data, venture capitalists have raised close to $13 billion to invest into start-ups, which marks the largest amount since 2000.
Upcoming and expected companies looking to go public include: The Honest Company, Okta, Coupa, and Line, etc.
- ◦Economy
