High-tech IPO activity is booming, with Goldman Sachs predicting more than double the number next year.
November 26, 2024, 1:30 JST (excerpt)
Abundant large companies being considered for IPOs, strong demand from investors - Mr. Conolly
In addition to traditional venture capital, PE firms play a significant role.
The revitalization of the initial public offering (IPO) market leads to an increase in technology company listings, noted Wil Conolly, an executive at Goldman Sachs Group, during a break at Goldman's conference held in Las Vegas last week.
The number of IPOs for high-tech companies is likely to more than double in 2025, as forecasted by Conolly, who serves as the head of the technology stock capital markets at the same institution. He indicated an expectation that the number of companies conducting IPOs by the end of the year will be approximately 34, similar to the annual average.
"In the technology industry, there are numerous notable large companies attracting attention as IPO candidates, with a high demand for investment," explained Mr. Conolly. He added, "The question is how quickly people can adapt to the buoyant IPO market."
Abundant large companies being considered for IPOs, strong demand from investors - Mr. Conolly
In addition to traditional venture capital, PE firms play a significant role.
The revitalization of the initial public offering (IPO) market leads to an increase in technology company listings, noted Wil Conolly, an executive at Goldman Sachs Group, during a break at Goldman's conference held in Las Vegas last week.
The number of IPOs for high-tech companies is likely to more than double in 2025, as forecasted by Conolly, who serves as the head of the technology stock capital markets at the same institution. He indicated an expectation that the number of companies conducting IPOs by the end of the year will be approximately 34, similar to the annual average.
"In the technology industry, there are numerous notable large companies attracting attention as IPO candidates, with a high demand for investment," explained Mr. Conolly. He added, "The question is how quickly people can adapt to the buoyant IPO market."
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