The IPO market faced its first major test since the disappointing debuts of Uber Technologies Inc. and Lyft Inc. and passed with flying colors.
Investors eagerly snapped up shares of three companies that went public last week—cybersecurity firm CrowdStrike Holdings Inc., online pet-supply retailer Chewy Inc. and freelance-services marketplace Fiverr International Ltd.—and pushed them all up 50% or more.
Source: News Formal (newsformal.com)
International monopolies as Uber, must be challenge and broken.
Fund lives are running out and VCs eventually have to give cash back to LPs sooo yeah makes sense.
I wouldn't be surprised if the IPO market ramps up significantly in the next few years. We are in an unprecedented era of small tech start-ups and as many of them grow, we'll likely see more and more entrants into the IPO market.
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