IPOs Will Snap Back Now That Shutdown Is Over, Deloitte's Daniels Says

The transcript discusses the current state of the IPO market, focusing on tech companies and the impact of government shutdowns. It highlights the challenges posed by market volatility and the unique position of high-profile companies like Uber and Lyft. The speaker remains optimistic about a historic year for IPOs, despite potential obstacles such as market uncertainty and abundant private capital. Key factors for successful IPOs include brand recognition and revenue growth. The transcript also touches on future trends, suggesting a strong appetite for IPOs in the near term.

What is a key requirement for tech companies like Uber and Lyft before they go public?

• A high market volatility

• A new product launch

• A government shutdown

• A full year of financial statements

How does market volatility affect IPO decisions for unicorns?

• It has no effect at all

• It makes them reconsider going public

• It guarantees a successful IPO

• It forces them to go public immediately

What is a decacorn in the context of IPOs?

• A company that has never gone public

• A company that has been public for over a decade

• A company with a valuation under $1 billion

• A company with a valuation over $10 billion

What is considered the 'elixir of Wall Street' for a successful IPO?

• Market share

• Brand recognition

• Revenue growth

• Profit margins

Why might companies choose to go public in 2019 instead of waiting for 2020?

• The IPO investment community's strong appetite

• A new government policy

• A lack of private capital

• A decrease in market volatility