Let the games begin

The IPO window is open as many companies are on the road right now raising capital for their IPOs. By this time next week, we should see the first tech company list. Many more will follow in the week or two after.

It’ll be interesting to watch. So far, the theme has been to price the IPO at around the last priced round. Banks seem to be still erring on the conservative side with the hopes to generate a nice pop and ensure that it’s a successful IPO.

Meanwhile, Figma stock has come back down to earth which is not that surprising considering the volatility of IPO stocks. I do not expect that to have any major impact on the IPOs, but we’ll see what happens.

Let the games begin.