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The Information

·4 years ago
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More Tech IPOs From 2021 Burn Cash Today Than 2019 and 2020 Debuts
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More Tech IPOs From 2021 Burn Cash Today Than 2019 and 2020 Debuts

If you want more evidence of how much of last year’s IPO market was a bubble, here it is. Nearly two-thirds of tech companies that went public in 2021 are now burning cash, compared with less than hal

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