Wounded unicorns are running for the clouds

In this week’s Market Ethos we take a look at the many money-losing unicorns in this years IPO market. Recent IPO performance has been underwhelming and we’re beginning to see some troubling trends in terms of the proportion of IPO’s with negative EPS as well as dual-class shares. Though the IPO market has been making a lot of headlines, it is still a far cry from the mania of the last tech bubble.

 

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