![]() ![]() “Many venture-backed companies will have to accept the reality of a ‘downround’ IPO if they raised in the top of the market in 2021,” said Brianne Lynch, head of market insight at EquityZen. Many of them might still have to swallow a lowered valuation compared to the go-go days of 2021. That not-peak but not-as-bad-as-it-was valuation might give some reassurance to IPO hopefuls who have been watching the market and deciding when to strike. ![]() But it’s higher than the $40 billion price tag that Nvidia (yes, Nvidia again) offered to buy Arm for before the deal was axed by regulators. Its current estimated market cap is lower than $64 billion, the valuation at which SoftBank bought shares last month. A bump in shares could encourage other companies to debut, which could draw investor interest, in turn leading to more deals.Īrm is both an indicator and an outlier. Head of Client Strategy & Capital Formation, PineBridge Partners LP New York, NY. It depends in large part on how Arm performs, not just on its first day of trading, but in the days, weeks, and months that follow, she said. Direct Lending - Acorn Street Capital Boston, MA. Do local business owners recommend Acorn Street Capital LLC Visit this page to learn about the business and what locals in Downtown Boston have to say. “It could feasibly be the deal that breaks the IPO logjam,” said Avery Spear, senior data analyst at the IPO research firm Renaissance Capital. The catalyst: investors potentially hungry to throw some money at some (hopefully) growthy new entrants besides, well, Nvidia.
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