Is There A Chill For Tech Startup IPOs?

Published October 20, 2015 at 1:33 PM EDT

Dropbox CEO and co-founder Drew Houston delivers a keynote speech during the New Economy Summit 2015 in Tokyo on April 7, 2015. Investment bankers have recently cautioned that the company might not be able to go public at $10 billion despite having boosted its valuation to that sum early last year. (Toshifumi Kitamura/AFP/Getty Images)

This year, only 14 percent of initial public offerings (IPOs) in the U.S. were done by tech companies. That’s the smallest percentage since at least the mid-1990s, according to Dealogic.

The valuation of the document-sharing company Dropbox Inc. ballooned to $10 billion early last year, but now, investment bankers caution that the company most likely won’t be able to go public at that amount.

Here & Now‘s Robin Young speaks with Jason Bellini of The Wall Street Journal about what the journal is calling a “chill” for tech IPOs.

Read more in The Wall Street Journal

Guest

Jason Bellini, senior producer at The Wall Street Journal. He tweets @jasonbellini.

Stand up for civility

This news story is funded in large part by Connecticut Public’s Members — listeners, viewers, and readers like you who value fact-based journalism and trustworthy information.

We hope their support inspires you to donate so that we can continue telling stories that inform, educate, and inspire you and your neighbors. As a community-supported public media service, Connecticut Public has relied on donor support for more than 50 years.

Your donation today will allow us to continue this work on your behalf. Give today at any amount and join the 50,000 members who are building a better—and more civil—Connecticut to live, work, and play.

Donate