PitchBook: 159 companies went public in the US in 2019 raising $33B, a ~30% drop from 2018, as founders and investors opt for direct listings over bank-led IPOs (Mike Hofman/Marker)

Mike Hofman / Marker:
PitchBook: 159 companies went public in the US in 2019 raising $33B, a ~30% drop from 2018, as founders and investors opt for direct listings over bank-led IPOs  —  Founders, companies, and investors are rebelling against the investment banks — and taking matters into their own hands

via Techmeme