The IPO Market: Too Expensive for Sellers

Plus! Surface Area; Austin; Vaccine Race; Avoiding Devops

In this issue:

  • The IPO Market: Too Expensive for Sellers

  • Surface Area

  • Austin

  • Vaccine Race

  • Avoiding Devops

The IPO Market: Too Expensive for Sellers

Affirm has postponed its IPO ($, WSJ), citing market conditions. Roblox, too, has delayed its IPO ($, WSJ) for the same reason. This is not historically unprecedented; older studies say that roughly 20% of companie…

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