IPO Demand is getting stronger
2021 is a strong year for initial public offerings. This timing is right close to the easing of lockdowns. As we recalled back to 2019, it was a totally dissapointing market debuts and failures. Some highly anticipated tech cos such as $Uber Technologies (UBER.US)$ made headlines for their lack of profitability. The public market spoke and Uber ended 219 with some of the most dissapointing public offerings.
Right now, the pipeline of prospects, IPO prospects is very strong driven by the pandemic. Personally, I think the resiliency of the economy is mainly driven by the hunger of the investors. More and more confidence coming to the markets $Definitive Healthcare (DH.US)$ $DICE THERAPEUTICS, INC. (DICE.US)$ $Brown & Brown (BRO.US)$ are some of the companies that set the tone. People feel like it's the right time for investors to take that equity risk.
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