No one expects every startup worth $1 billion to be ready to go public, but the collection of billion-dollar startups that are ready to list is larger than you might think. So much so that when the IPO window finally does reopen, we could be faced with a veritable torrent of public technology companies.
A programming note: I am off this week. The excellent Anna Heim, who often helps write The Exchange and recently took over its weekend newsletter, will be filling in. She’s the best! I’m back on the 22nd!
As the saying goes, don’t threaten me with a good time. But TC’s general hunger for new S-1 filings and the data that they include is not what we need to talk about today. Nope, we need to discuss pace.
