We Co. Is the ‘Poster Child’ for a Disconnect in Private Valuation, Says Renaissance Capital’s Smith

The video discusses the current state of the IPO market, highlighting a recovery after a quiet summer. It addresses the disconnect between private valuations and public market sensibilities, using WeWork as a key example. The discussion covers the challenges faced by money-losing companies like Uber and Lyft, and the importance of profitability in investor decisions. Despite some IPO disappointments, the market shows signs of discipline and growth, with successful IPOs like Zoom and CrowdStrike. The video concludes with a focus on investor sentiment and the future outlook for IPOs.

What signs indicate that the IPO market is recovering?

How do private market valuations differ from public market sensibilities according to the text?

What challenges do money-losing companies face in the IPO market?

What factors are influencing investor sentiment towards IPOs currently?

In what ways have companies like Zoom Video and CrowdStrike performed in the IPO market?