Investidor Profissional, an asset manager that buys under-valued shares, has no big investments in the recent wave of IPOs.
With a pro-equities election result, the starting gun has been fired for the next wave of IPOs.
The Internet sector is experiencing the first stage of a wave of IPOs that will increase the number of Internet issues substantially.
But, just like Google didn't ignite a rush of IPOs starting after 2004, I don't think the sexy IPOs will launch a huge wave of IPOs.
The company's IPO comes at an interesting time as we approach the midpoint for 2017, which has seen a big wave of IPOs since Snap went public at the beginning of the year.
Born as a go-to tool for startups and larger companies to handle their text- and telephone-related operations, Twilio was among a wave of IPOs in 2016 that has more or less continued into this year.
No doubt many investors think they're being smart by ploughing money into the startup industry now, presuming a wave of IPOs will take place because of pent-up demand.
And with Blue Apron going public yesterday at what amounts to a down round, we're now entering a period of uncertainty as to whether or not we'll see another big wave of IPOs in the back half of the year.
Riding the wave of strong IPO performance over the past few years (the classes of '12 and '13 IPOs have on average returned 234percentand78percentcent, respectively, according to Deutsche Bank data), a growing number of high-growth, venture-backed companies are filing for IPOs.
