IPO market sets strong pace in Q1, but VC proceeds fall


IPO Q1 Venture Renaissance
Dropbox Inc. co-founders Drew Houston and Arash Ferdowsi celebrate while ringing the opening bell on the Nasdaq Stock Market as Dropbox (DBX) is listed for the company's initial public offering (IPO) at the Nasdaq Market Site in New York City, U.S., March 23, 2018. REUTERS/Lucas Jackson
The IPO market turned in its best three-month performance in three years, with proceeds of $15.6 billion in the first quarter, Renaissance Capital said. The U.S. market saw 43 new issues from well-known names such as ADT, Hudson and VC-backed ...

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