clock menu more-arrow no yes

Technology IPOs at Lowest Level Since 2009

Despite all the hype in Silicon Valley, technology IPOs haven’t been this scarce since 2009, according to data released this week from Renaissance Capital.

As the media have been reporting for over a year now, the action is all in the private markets, where companies that are big enough to be public can raise more money at bigger valuations without worrying about being punished for missing guidance.

Read the rest of this post on the original site »

This article originally appeared on Recode.net.