Because some people like to extrapolate a current trend out forever - and because they don't understand the nature of cycles - there were those who were saying that the IPO market would never come back. However, like most extreme viewpoints, that one appears to be quite wrong. While it's not exactly the roaring "free money" days of 1999 (and that's a good thing) it does appear that the IPO window is starting to open again. Of course, many companies are being cautious, as they don't want to be the first ones out of the gate, only to discover the market isn't really as open as they think. The article also predicts that within 2 or 3 years, we should be seeing the clueless investors come back into the market, and IPOs that pop to levels much higher than they should (leaving side the fact that any such "pop" is the company leaving money on the table).
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