So far in 2023, the number of new listings remains stubbornly low.Ĭounterintuitive as it may seem, today’s adverse market conditions provide an ideal moment for technology startups to lay the groundwork for going public. The global technology sector, in particular, experienced a sharp decline-a 60% drop from 661 IPOs in 2021 to a mere 221 in 2022. The window of opportunity for initial public offerings slammed shut in 2022 amid heightened volatility and plunging valuations.
Technology, Media, and Telecommunications.