Who wants to make this guy a billionaire a couple more times over?
It stands to reason: This streak has to end eventually.
In the past three weeks, 10 out of the 11 U.S. listings priced below the range set by bankers. That’s a streak not seen in over a decade, according to Dealogic.
But who will put IPO dealmakers and investors out of the misery in a non-euthanasian sense? Perhaps one of these contenders:
Payments startup Square and Spanish media network Univision are still contemplating launches later this year. (Ferrari NV is on the road now for a deal next week….)
The bottom line is that IPOs are possible. If you’re willing to play ball with investors.
IPOs Are Down, But Not Out [WSJ MoneyBeat blog]