New CI post: Why THESE companies are IPOing (revisited)
And the other thing that's different is that there appears (at least subjectively, to me) to be a difference in terms of the quality of the companies (overall) that are IPOing this year. These are companies with better stories to tell Wall Street in terms of longer-term prospects and value proposition. And in several cases, they have recently raised a new financing round, rather than being low on cash. I'm guessing that's because some of the sense of 'IPO or bust' isn't in place for this year's crop, and that these companies are filing for IPOs more opportunistically than at the point of a bayonet. While several of these filings similarly appear to be too early to IPO, perhaps if you view them instead as a public funding event, you can still feel good about the long-term growth prospects for the company.