Analysis | The Technology 202: The shutdown is over, but companies trying to go public are still in limbo

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Analysis: The shutdown is over, but companies trying to go public are still in limbo

 

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My 1 concern when I heard I wouldn't be paid and wouldn't receive any back pay (as a fed contractor) was the IPO market too. I mean, I literally couldn't even sleep for days because all I kept thinking about was those multi-millionaires who would miss out on millions more! 🙄

LeChatNoire4 DetroyUSatAnyCause

For about 18 days. Then it's 'off to the races.'

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Stuck in shutdown limbo, companies put IPOs on holdNow in its second month, the shutdown is hobbling key parts of the financial system as companies across the country ditch plans and scramble to operate without the help of regulators. One biotech company with roots in 1980s fashion is among those putting hopes on hold. Meh. Not going to kill VCs and private equity to wait awhile to cash out.
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