This week marks the one-year anniversary of Facebook’s public offering, and the market is still feeling its impact. Here’s how.
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You’d need a crystal ball to know how healthy the IPO market will be in 2013. Still, industry watchers – looking at the 152 active IPOs in the pipeline, versus the 226 IPOs in the pipeline at this time last year — feel safe in making a few, cautious forecasts.
Like a lot of industry observers, Carter Mack, the president of investment bank JMP Group, is a little astounded – and concerned — by the resurgence of multiple class stock structures.