The collapse of Silicon Valley Bank is just the latest example of a historic slowdown in IPOs creating a minefield with unexpected consequences.
The closed market for US IPOs – and the resulting lack of revenue for cash-strapped companies – has created countless complications for corporate America. From involvement in a bank collapse to compensation woes at startups like Stripe Inc., the most unpredictable consequences of last year’s slowdown in IPOs are proving to be the most damaging.
“If you can’t get out of these companies, the whole thing falls apart,” said Robert…
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