🧐 2020’s IPO Window Controversy
According to longtime VC Todd Chaffee (Forbes Midas List 2009 - 2018, NY Times
Top 100 Venture Capitalist 2016 - 2019), the late-stage scene is now ‘M&A
world’.
Why?
Economic downturn shut down the IPO market, leaving M&As as the preferred exit
option.
BUT —
Has the IPO window really closed?
COVID-19 might have induced a lull, but the market has certainly picked up:
→ Lemonade (IPO price: $29 | current share price: $92)
→ Snowflake ($120 | $270)
→ Unity ($52 | $146)
→ DoorDash ($102 | $160)
→ Airbnb ($68 | $104)
PLUS more IPOs are in the pipeline: Affirm, Roblox, Robinhood.
Seems like 2020 will finish as a historic year when it comes to IPOs!
What are your thoughts? 🤔
M&As or IPOs? What’s the best exit strategy at the moment? 🗣️ 💬
Leaving the link to the full interview in the first comment! 👇
#VentureCapital #investors #startups #PrivateEquity
CapLinked - Trusted Virtual Data Rooms for PE, VC, MA and more
Post credit to our COO/ Founder Christopher Grey
Originally posted by Greg Brinson on LinkedIn
link: linkedin.com/in/gregbrinson
According to longtime VC Todd Chaffee (Forbes Midas List 2009 - 2018, NY Times
Top 100 Venture Capitalist 2016 - 2019), the late-stage scene is now ‘M&A
world’.
Why?
Economic downturn shut down the IPO market, leaving M&As as the preferred exit
option.
BUT —
Has the IPO window really closed?
COVID-19 might have induced a lull, but the market has certainly picked up:
→ Lemonade (IPO price: $29 | current share price: $92)
→ Snowflake ($120 | $270)
→ Unity ($52 | $146)
→ DoorDash ($102 | $160)
→ Airbnb ($68 | $104)
PLUS more IPOs are in the pipeline: Affirm, Roblox, Robinhood.
Seems like 2020 will finish as a historic year when it comes to IPOs!
What are your thoughts? 🤔
M&As or IPOs? What’s the best exit strategy at the moment? 🗣️ 💬
Leaving the link to the full interview in the first comment! 👇
#VentureCapital #investors #startups #PrivateEquity
CapLinked - Trusted Virtual Data Rooms for PE, VC, MA and more
Post credit to our COO/ Founder Christopher Grey
Originally posted by Greg Brinson on LinkedIn
link: linkedin.com/in/gregbrinson