This year, only 14 percent of initial public offerings (IPOs) in the U.S. were done by tech companies. That’s the smallest percentage since at least the mid-1990s, according to Dealogic.
The valuation of the document-sharing company Dropbox Inc. ballooned to $10 billion early last year, but now, investment bankers caution that the company most likely won’t be able to go public at that amount.
Here & Now‘s Robin Young speaks with Jason Bellini of The Wall Street Journal about what the journal is calling a “chill” for tech IPOs.
Guest
- Jason Bellini, senior producer at The Wall Street Journal. He tweets @jasonbellini.
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