Many of the startups that have tested the initial public offering market in 2019 have floundered amid a disconnect between private valuation and public trading levels. Several unicorns — or startups valued at more than $1 billion — have even called off their IPOs or pushed them back as the market sends mixed signals. Here's what's keeping public investors wary of the IPO market, and what it means for the future of startups looking to go public.
Many of the startups that have tested the initial public offering market in 2019 have floundered amid a disconnect between private valuation and public trading levels. Several unicorns — or startups valued at more than $1 billion — have even called off their IPOs or pushed them back as the market sends mixed signals. Here's what's keeping public investors wary of the IPO market, and what it means for the future of startups looking to go public.