The 2025 IPO Market

Are we headed for an IPO rebound in 2025? According to a recent CNBC article, a major window for the IPO market could be opening. They point to prime conditions such as markets at new highs, interest rate stabilization, a strong economy, and of course, the election is now over, and we have a better sense of the new administration's plans moving forward.

Where is the IPO window?

However, CNBC points to two necessary components that are currently missing in order to have a robust IPO rebound. The first is what they refer to as a "sense of desperation." As they note that tech companies still have private funding available and the ability to sell shares in the private market if investors need to cash out. This provides them with alternatives when there is pressure for an exit. The second missing component they point to is a return to higher valuations, as a large portion of IPOs are pricing lower than their most recent funding rounds. They do note that the