Surprise! IPO activity is showing signs of recovery, at least in one part of the world
Global volumes of public offerings were down again for the first three months of 2023, but the Americas region bucked the trend.
Though the economy is still displaying some signs of strength with robust jobs report numbers and elevated levels of consumer spending, there are some notable, worrisome, and lingering trends in the entrepreneurial and startup space. Specifically, the number of companies that are going public, globally, continues to fall—a sign that, for investors and founders, we’ve definitely made an exit from the frothy pre-pandemic era.
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