{"id":22403,"date":"2025-02-18T13:44:37","date_gmt":"2025-02-18T14:44:37","guid":{"rendered":"http:\/\/medexperts.pro\/?p=22403"},"modified":"2025-02-18T15:25:11","modified_gmt":"2025-02-18T15:25:11","slug":"theyve-been-waiting-years-to-go-public-theyre-still-waiting","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=22403","title":{"rendered":"They\u2019ve Been Waiting Years to Go Public. They\u2019re Still Waiting."},"content":{"rendered":"<div><\/div>\n<p id=\"article-summary\" class=\"css-79rysd e1wiw3jv0\">Some tech companies are delaying or pulling their listing plans as the Trump administration\u2019s tariff announcements and other changes cause market volatility and uncertainty.<\/p>\n<section class=\"meteredContent css-1r7ky0e\">\n<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Turo, a car rental start-up in San Francisco, has been trying to go public since 2021. But a volatile stock market in early 2022 delayed its listing. Since then, the company has waited for the right moment.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Last week, Turo pulled its listing entirely. \u201cNow is not the right time,\u201d Andre Haddad, the company\u2019s chief executive, said in a statement.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">For months, investors have eagerly anticipated a wave of initial public offerings, spurred by President Trump\u2019s new administration. Since his election victory in November, which ended a tumultuous campaign season, Corporate America and Wall Street have heralded the start of a pro-business, <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/02\/13\/business\/trump-deregulation-firing.html\" title>anti-regulation<\/a> period. The stock market <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/11\/05\/business\/election-stock-markets.html\" title>soared<\/a> ahead of an expected bonanza of deal making.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But the administration\u2019s tariff announcements and rapid-fire regulatory changes have created uncertainty and volatility. Worsening inflation has set off <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/02\/12\/business\/stock-market-inflation.html\" title>market jitters<\/a>. And the emergence of the Chinese artificial intelligence app DeepSeek <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/02\/12\/technology\/deepseek-ai-chip-costs.html\" title>last month<\/a> caused investors to question their optimistic bets on U.S. tech, leading to a <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/01\/27\/business\/deepseek-nvidia-ai-chips.html\" title>drastic sell-off among A.I.-related stocks<\/a>.<\/p>\n<\/div>\n<\/div>\n<div data-testid=\"Dropzone-1\"><\/div>\n<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">All that has affected initial public offerings. \u201cThe calendar just went from fully booked to being wide open in a span of like three weeks,\u201d said Phil Haslett, a founder of EquityZen, a site that helps private companies and their employees sell their stock.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">So far this year, the pace of public offerings is ahead of last year\u2019s, with companies raising $6.6 billion from listings, up 14 percent compared with this time last year, according to Renaissance Capital, which manages I.P.O.-focused exchange traded funds.<\/p>\n<div class=\"css-1336jj\">\n<div class=\"css-121kum4\">\n<div class=\"css-171quhb\"><\/div>\n<div class=\"css-asuuk5\">\n<div class=\"css-7axq9l\" data-testid=\"optimistic-truncator-noscript\">\n<div data-testid=\"optimistic-truncator-noscript-message\" class=\"css-6yo1no\">\n<p class=\"css-3kpklk\">We are having trouble retrieving the article content.<\/p>\n<p class=\"css-3kpklk\">Please enable JavaScript in your browser settings.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-1dv1kvn\" id=\"optimistic-truncator-a11y\">\n<hr \/>\n<p>Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0<a href=\"https:\/\/myaccount.nytimes.com\/auth\/login?response_type=cookie&amp;client_id=vi&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2025%2F02%2F18%2Ftechnology%2Ftech-ipo-delays.html&amp;asset=opttrunc\">log into<\/a>\u00a0your Times account, or\u00a0<a href=\"https:\/\/www.nytimes.com\/subscription?campaignId=89WYR&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2025%2F02%2F18%2Ftechnology%2Ftech-ipo-delays.html\">subscribe<\/a>\u00a0for all of The Times.<\/p>\n<hr \/>\n<\/div>\n<div class=\"css-1g71tqy\">\n<div data-testid=\"optimistic-truncator-message\" class=\"css-6yo1no\">\n<p class=\"css-3kpklk\">Thank you for your patience while we verify access.<\/p>\n<p class=\"css-3kpklk\">Already a subscriber?\u00a0<a data-testid=\"log-in-link\" class=\"css-z5ryv4\" href=\"https:\/\/myaccount.nytimes.com\/auth\/login?response_type=cookie&amp;client_id=vi&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2025%2F02%2F18%2Ftechnology%2Ftech-ipo-delays.html&amp;asset=opttrunc\">Log in<\/a>.<\/p>\n<p class=\"css-3kpklk\">Want all of The Times?\u00a0<a data-testid=\"subscribe-link\" class=\"css-z5ryv4\" href=\"https:\/\/www.nytimes.com\/subscription?campaignId=89WYR&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2025%2F02%2F18%2Ftechnology%2Ftech-ipo-delays.html\">Subscribe<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Some tech companies are delaying or pulling their listing plans as the Trump administration\u2019s tariff announcements and other changes cause market volatility and uncertainty.Turo, a car rental start-up in San Francisco, has been trying to go public since 2021. But a volatile stock market in early 2022 delayed its listing. Since then, the company has waited for the right moment.Last week, Turo pulled its listing entirely. \u201cNow is not the right time,\u201d Andre Haddad, the company\u2019s chief executive, said in a statement.For months, investors have eagerly anticipated a wave of initial public offerings, spurred by President Trump\u2019s new administration. Since his election victory in November, which ended a tumultuous campaign season, Corporate America and Wall Street have heralded the start of a pro-business, anti-regulation period. The stock market soared ahead of an expected bonanza of deal making.But the administration\u2019s tariff announcements and rapid-fire regulatory changes have created uncertainty and volatility. Worsening inflation has set off market jitters. And the emergence of the Chinese artificial intelligence app DeepSeek last month caused investors to question their optimistic bets on U.S. tech, leading to a drastic sell-off among A.I.-related stocks.All that has affected initial public offerings. \u201cThe calendar just went from fully booked to being wide open in a span of like three weeks,\u201d said Phil Haslett, a founder of EquityZen, a site that helps private companies and their employees sell their stock.So far this year, the pace of public offerings is ahead of last year\u2019s, with companies raising $6.6 billion from listings, up 14 percent compared with this time last year, according to Renaissance Capital, which manages I.P.O.-focused exchange traded funds.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":22405,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-22403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/22403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22403"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/22403\/revisions"}],"predecessor-version":[{"id":22406,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/22403\/revisions\/22406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/22405"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}