With both Astera Labs and Reddit off to great success in the public markets, now might be the time for more private companies to IPO.
In addition, the macro environment suggests a welcoming market. "We're seeing low volatility, inflation stabilized, and strong GDP and employment," explains EquityZen's Chief Strategy Officer Phil Haslett. "Plus, there's interest rate stability and the potential end of Federal Reserve rate hikes and possibly even cuts. With these factors in play, the IPO pipeline is growing."
More of our thoughts on the market in U.S. News & World Report.
Related Posts
It was an exciting afternoon awaiting RDDT to hit the tape. Catch more from our Head of Market Insight, Brianne Lynch's...
Reddit's decision to allocate IPO shares to "super users" paid off after its first few days of trading, but will it be...
Reddit aims to raise around $750M in its highly anticipated IPO slated for a NYSE debut next week. So how much do...
