- Arm is looking to land a $52 billion valuation as it plans its IPO this month, while Instacart is also planning a multi-billion dollar debut.
- IPO and startup experts, however, don’t anticipate the splashy launches to revive the muted market.
- One Wharton academic compared the current landscape to the years following the bursting fo the dot-com bubble.
There’s plenty of attention on both Arm and Instacart’s impending initial public offerings, but it’s wishful thinking to expect the debuts to revive a market that’s still feeling a hangover from the pandemic boom.
The two have widely-known brands, and all told will command relatively hefty valuations compared to the typical company looking to go public.
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