Palantir No Longer Works With The NSA

Re:Palantir No Longer Works With The NSA by adventured on Saturday April 22, 2017 @10:10AM (#14172579)

It's not overblown. We're averaging ~125 IPOs per year since the act was passed. That's not even equal to the worst IPO years in the 1980s during recessions. Meanwhile the US economy is at least twice as large as it was in 1985 on an inflation adjusted basis.

2016 saw 106 IPOs. That's below horrible recession years in the early 1980s. And that was with the stock market at very high levels.

The stock market has hit new all-time highs, the Nasdaq is on the moon, and very few companies want to go public. The entire vast shift to the private market occurred solely due to Sarbanes Oxley. The simultaneous extreme growth of the private capital market for ventures, the drastic reduction in IPOs vs the prior 30 years (while there has been an explosion of billion dollar start-ups), and the fact that the best companies are choosing to wait a lot longer to IPO vs the prior 30 years, makes it overwhelmingly obvious what has happened.

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Re:Palantir No Longer Works With The NSA by burntrelish1273 on Friday April 28, 2017 @09:52PM (#14224575)

IPOs are businesses last-ditch, later-round financing after sovereign wealth, institutional investors, investment bankers, superangels and everyone else says "no."

They're becoming rarer, except for ventures which require an enormous amount of working capital, because angels and other investors typically have more cash than pre-Sequoia times to lend out to ventures which are smart about their cash & business models.

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