Around the Net

Tech IPO Market Freezes Over

  • Quartz, Monday, April 4, 2016 1:08 PM
In the first quarter of the year, Not one single Web or tech company went public on U.S. exchanges, Quartz reports. “The last time that happened was in the first quarter of 2009, during the depths of the Great Recession,” it notes, citing data from Dealogic. “Just two years ago, the picture looked quite different … In the second quarter of 2014, 24 tech companies went public at deal values totaling $8.5 billion.”

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