Why this expert says the IPO market is a 'dangerous place'

📆 3/27/2019 8:28 PM
📰 CNBC

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Lots of major tech companies are going public this year — even though they’re not profitable yet. But “Wall Street loves money-losing VC-backed tech companies,” Eric Hippeau, managing partner at Lerer Hippeau, says.

Eric Hippeau, managing partner at Lerer Hippeau, and Larry Haverty, managing director at LJH Investment Advisors, joins "Squawk Alley" to look ahead at some of the biggest IPOs of 2019, and why they might not be the best investments.

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you can substitute 'yet' with 'and they will probably never be' it's going to be more accurate.

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