TLDR Founders · HEADLINES & TRENDS
THE SOFTWARE IPO MARKET IN 2024 AND BEYOND
Summary from the TLDR Founders newsletter
The software IPO market saw a surge of optimism in 2023 after a year of low activity, witnessing the debut of Klaviyo and Instacart. Despite having strong financial profiles, both companies’ revenue multiples were lower than the 2021 average. What does this signal for other companies looking to go public?