Social Capital’s Backdoor Unicorn IPO
We have recently discussed the changing dynamics of the IPO market and startups’ shifting perspectives in regards to going public. Public offerings have not all gone wrong this year, but latest rounds of unicorn IPO flops appear to have dampened some investors’ outlook on the traditional IPO route. Nevertheless, unicorn investors still need liquidity and are turning to creative ways to get the IPO pipeline flowing again.
To read the full article in Mercer Capital’s Financial Reporting Blog, click: Social Capital’s Backdoor Unicorn IPO.
This article is republished from Mercer Capital’s Financial Reporting Blog. It is reprinted with permission. To subscribe to the blog, visit: http://mercercapital.com/category/financialreportingblog/.