My blog post from early October – “Why Are There So Many Unicorns with Sky-High Valuations?” – generated some reactions and questions. One of the reasons I wrote the blog post was the proliferation of SPACs providing unicorns with IPO exits. But after all the IPO hoopla died down, many of those unicorns did not have strong quarterly sales and solid earnings reports after being rushed into their public offerings by VCs and late-stage investors.
Why Go the IPO Route?
Why Go the IPO Route?
Why Go the IPO Route?
My blog post from early October – “Why Are There So Many Unicorns with Sky-High Valuations?” – generated some reactions and questions. One of the reasons I wrote the blog post was the proliferation of SPACs providing unicorns with IPO exits. But after all the IPO hoopla died down, many of those unicorns did not have strong quarterly sales and solid earnings reports after being rushed into their public offerings by VCs and late-stage investors.