Posted 1/25/2024, 12:21:00 PM
IPO Activity Remains Slow Despite Optimism for 2023 Revival
- IPO activity so far in 2023 is on par with 2022 and 2021, the slowest years since the 2008 crisis
- The IPO pipeline does not appear much more crowded than last year
- Analysts are getting ahead of themselves in declaring an IPO "revival"
- IPO volume depends heavily on a continued bull market, which analysts are optimistic about
- Longer-term trends include startups staying private longer, more exits via acquisition, and more foreign companies listing in the US