Is There A Chill For Tech Startup IPOs?

Published October 20, 2015 at 11:33 AM MDT

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Dropbox CEO and co-founder Drew Houston delivers a keynote speech during the New Economy Summit 2015 in Tokyo on April 7, 2015. Investment bankers have recently cautioned that the company might not be able to go public at $10 billion despite having boosted its valuation to that sum early last year. (Toshifumi Kitamura/AFP/Getty Images)

This year, only 14 percent of initial public offerings (IPOs) in the U.S. were done by tech companies. That’s the smallest percentage since at least the mid-1990s, according to Dealogic.

The valuation of the document-sharing company Dropbox Inc. ballooned to $10 billion early last year, but now, investment bankers caution that the company most likely won’t be able to go public at that amount.

Here & Now‘s Robin Young speaks with Jason Bellini of The Wall Street Journal about what the journal is calling a “chill” for tech IPOs.

Read more in The Wall Street Journal

Guest

Jason Bellini, senior producer at The Wall Street Journal. He tweets @jasonbellini.