Technology Driving Innovation
Tech IPOs Pick Up The Pace
After several quiet quarters, we started seeing an uptick in IPO activity in the second half of 2016, as confidence among investors and companies started to build. At the same time, investors are now shifting their focus to growth companies, whose valuations have improved over the course of the last year. These key drivers, according to David Ludwig, co-head of Americas Equity Capital Markets in Goldman Sachs’ Investment Banking Division, have helped create an attractive tech IPO pipeline for 2017 with diverse representation by companies across sectors and regions.