Saturday, November 13, 2021

Profits, What's That?

Chartr has great data and charts. In light of Rivian's massive IPO, this one, based on work by University of Florida professor Jay Ritter (aka "Mr. IPO"), seems very relevant:


It's probably just a coincidence that the last time only 20% of IPOs consisted profitable companies was in the 1999-2000 period. Naturally, it's different this time.
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