A theory about the current IPO market
TechCrunch
JANUARY 14, 2021
It seems today that any venture-backed company that can claim some sort of tech mantle is being treated to a strong IPO pricing run and a huge first-day result. Namely, certain elements of the venture capital community who would prefer to keep all outsized gains in their own pockets. ai, Doordash and Airbnb.
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