Why Are Pre-IPO Startup Stocks Suffering In The Unlisted Market
Amid funding winter and listed tech stocks going down, most startup stocks in their pre-IPO stage have been on a free fall, between 35% and 80%, for the last one to two years
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Amid funding winter and listed tech stocks going down, most startup stocks in their pre-IPO stage have been on a free fall, between 35% and 80%, for the last one to two years
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SoftBank-backed hospitality major OYO is planning to reduce the number of shares it aims to sell through public listing because of reduced capital requirements and technology headwinds. This comes at a time when valuations of start-ups, including that of OYO, have taken a hit. 'OYO earlier filed papers for its IPO (initial public offering) based on its funding requirements at the time.