IPO Market Parties Like It’s 1999

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What recession? IPOs have raised nearly $95 billion this year, on pace to eclipse the tech-bubble years two decades ago. Inside the boom of initial public offerings.

Many businesses are struggling. Millions of Americans are out of work. But the IPO market is the hottest it’s been in years—and 2020 could be its biggest year ever.

With three months left on the calendar, U.S.-listed initial public offerings have raised nearly $95 billion through Wednesday, according to data provider Dealogic. That already surpasses the totals of every year except 2014 since the tech bubble in 2000. It’s nipping at the heels of 2014, when IPOs raised $96 billion, more than a quarter of it by Alibaba Group...

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You are aware that there are many people being evicted from their homes and that have no food right? You are aware that we have lost millions of jobs in America right? For as long as the stock market keeps going up right?

The recession that’s affecting, y’know, the working class? We’re well aware that the rich aren’t suffering, thanks for the reminder

Well WSJ putting on display the ever increasingly small swath of the country who they are catering to here.

Creative Destruction, sometimes of Industries, sometimes of Capital 😎

The recession the other 96% of the country is experiencing.

How many of these IPOs have a business model that will survive once they leave the 'aggressive growth' phase?

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