Nine Tech IPOs That Could Survive The Coronavirus Market Hit - News Summed Up

Nine Tech IPOs That Could Survive The Coronavirus Market Hit


NurPhoto via Getty ImagesWith stocks in a bear market, the prospect of an IPO in 2020 may lose its appeal. Much like the public market, the secondary market has been shaken by the coronavirus outbreak. The Burlington, Massachusetts company raised $160 million at a $1.5 billion valuation one year ago. The company has raised more than $220 million at a $1.8 billion valuation, but has slowed its pace in recent years. A Vacasa spokesperson told Forbes this week that “an IPO is an option” given the market opportunity and the company’s 60% year-over-year growth, but that market conditions may influence its IPO decision.


Source: Forbes March 18, 2020 09:56 UTC



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