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The IPO Door is Swinging Open by @ttunguz
Summary by Tomasz Tunguz
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The IPO Door is Swinging Open by @ttunguz
Who could have predicted that crypto and data center real estate would be the categories swinging the IPO market doors open? In late 2024, I predicted a thaw in the IPO market. We’re now seeing that forecast come to life with CoreWeave and Circle’s IPOs. Neither company is pure-play software, but their strong performances signal renewed investor appetite for the ragged edge of technology. CoreWeave went public in March 2025, raising $1.5 billion…
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