IPO market remains frozen, but could rebound later this year, tech analyst says

📆 2023/01/11 4:42:00

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As the IPO market remains frozen, one tech analyst is optimistic that we could see a rebound in public listings as early as the second half of this year.

📆 2023/01/11 4:42:00
📰 CNBC

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and has reportedly been working with banks on IPO preparations since early 2022, according to Reuters.

"I think the second half of 2023 is going to look a little better than the first half, assuming that it's mostly macro-driven," Kulkarni told CNBC's "" on Monday. He added that we're on the precipice of a "new era" for valuations that will be realized once the Federal Reserve stops hiking interest rates.

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