In The News

IPOs Spring Back to Life

Venture Capital Journal

December 2016

Tim Harris, managing partner of Morrison & Foerster’s Palo Alto office and a partner in the Emerging Companies and Venture Capital Group, was quoted regarding the IPO market in the article, “IPOs Spring Back to Life,” published by Venture Capital Journal in December 2016.

The companies going out next year aren’t likely to be the big unicorns, but smaller ones, said Mr. Harris. They will want to create paths for employee liquidity and to benefit from the publicity they get from going out.

“You have to say the IPO market is looking better,” he said.

But if this is not the top of the cycle then it is close in terms of valuations, and “this means that some private companies have likely outgrown the IPO market,” he said. “These companies, I suspect, will remain private companies for a long, long time.”

Close

Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.