Tech IPO ‘Super Cycle’

The technology IPO market is in the midst of a “super cycle” after a decade of companies staying private longer, according to Nick Giovanni of Goldman Sachs’ Investment Banking Division. “There are over 300 private companies with private valuations over $1 billion, and dozens that have valuations over $10 billion, and so there are just more large private companies waiting to come public than at any time in the past,”
Goldman Sachs New York video

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