The tech IPO market collapsed in 2022

  • IPO deal proceeds plummeted 94% in 2022, according to Ernst & Young’s IPO report published in mid-December.
  • Not a single tech deal raised $1 billion this year, after 15 IPOs raised at least that much in 2021, according to FactSet.
  • “Until we see a persistent return to intelligent capital allocation as the primary driver of investment decisions, I think the IPO market will struggle,” said David Trainer of New Constructs.

Well, tech was/is a bad word in 2022 for many people…

Happy New Year, by the way @marcus335!!!

Happy new year!

1 Like