IPO Market Freeze

The IPO market is experiencing its longest drought since 1995, with a staggering 80% decline in funds raised compared to last year. Factors such as inflation and rising interest rates are making growth companies less attractive for public offerings. As companies like Klarna and StockX withdraw their IPO filings, the future remains uncertain, but the market is expected to eventually rebound, with major players like Instacart and Porsche poised to test the waters.