Tech

Valuations of recent IPOs, relative to the companies' revenue, are at their highest levels since the dot-com era, sparking concerns among investors (Wall Street Journal)



Wall Street Journal:

Valuations of recent IPOs, relative to the companies’ revenue, are at their highest levels since the dot-com era, sparking concerns among investors  —  DoorDash and Airbnb both rocketed in their public debuts.  Now, Roblox has pulled its offering as questions mount about soaring valuations.




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