Plenty of Startups Are Looking at IPOs, But Few Are Prepared to Go
- Optimism builds but ready firms still ‘revving up’: Deloitte
- Companies need to pivot to getting financials lined up
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Companies looking to tap the IPO market’s reopening on the back of listings from Arm Holdings Ltd. and Instacart Inc. still need to get their act together.
That’s a takeaway from Deloitte’s “Road to Next” report which analyzed market trends as the investment community scrutinizes deals that are going to be pricing over the coming weeks.