Breakout Session 2: Death of the IPO?

The number of venture-backed IPOs has declined precipitously from its late 1990’s peak, and smaller-cap IPOs are virtually extinct. Meanwhile, venture-backed firms can remain private at higher valuations for longer than ever before. These conditions, combined with developments in the M&A market, fundamentally alter the calculus of the IPO decision. This panel will analyze the
go-public/stay- private debate, address regulatory modifications that might invigorate the IPO market, and describe potential innovations in the going-public process, including direct offerings.

Session Material

• Private Company Liquidity Update | 1H 2017
• US IPO Guide – 2016
• The Promise of Market Reform: Reigniting America’s Economic Engine
• Where Have All the IPOs Gone?
• 2017 US PE & VC IPO Trends Report: Small boosts to the marketplace aren’t enough to fend off stagnance
• Venture’s liquidity release valve: Analysis of direct secondary markets for venture capital
• IPO Readiness: 5 Questions to Ask When Preparing to Go Public