Why the IPO market for consumer startups is stronger than ever, and will it continue?
“You go celebrate one day, and that’s it.”
Eric Yuan, founder and CEO of Zoom talking about the Zoom IPO
On May 10th, ride hailing juggernaut Uber Technologies went public raising $8.1 billion at an initial valuation just over $75 billion. The IPO ranked as the largest for any US-based company in the past 7 years, and the 9th largest of all time. Despite a rocky first day of trading (with the…