Casper Sleep Slashes IPO Target

The transcript discusses the evolving IPO market, highlighting increased scrutiny on unprofitable startups like Uber and Peloton. Despite challenges, 2019 was favorable for IPO investors. The market is now more discerning, with a focus on valuation. Investors are advised to be cautious with direct listings, as seen with companies like Spotify and Slack. The discussion also covers strategies for entering the IPO market and the role of ETFs.

What factors have contributed to the current scrutiny in the IPO market?

What challenges do investors face when considering IPOs of unprofitable companies?

How did the performance of IPOs in 2019 compare to previous years?

How do institutional investors differ from individual investors in their approach to IPOs?

What lessons can be learned from the performance of past high-profile IPOs like Amazon and Google?

What is the significance of the lock-up period in IPOs, and how does it affect investor sentiment?

What are the potential risks associated with direct listings, as mentioned in the text?