Let's do a quick summary of results from Arm, Klaviyo, and Instacart, and ask how they perform once we allow for IPO-related costs.
'There would be all this pressure to go public, but then there wouldn't be an appetite for it. And so [it would] be harder to get out.'
Given Cava's new IPO pricing, can we spy any good news for unicorns looking to go public as soon as they can gin up the courage?
Most unicorns never were what they were purported to be. Instead, a lot of startups were granted big budgets to LARP as unicorns.