Tech IPOs indicate slowest pace since the banking crisis

Banking Crisis

With the end of the first half of the year in sight, it looks like Fitbit may be the last tech IPO of what so far has been the slowest year for new public offerings in the sector since 2009. That was the middle of the banking crisis and just after Sequoia Capital made its “RIP:Good Times” presentation to its portfolio CEOs in 2008. There have only been two tech companies from the Bay Area to go public so far this year — Box and Apigee — and San Francisco-based…

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