Will potential Shein or Skims IPOs pan out in 2024?
Several private companies are thinking about going public in 2024, including Chinese fast-fashion retailer Shein and Kim Kardashian’s SKIMS shapewear brand. Although investors had high hopes for offerings in 2023, the IPO market fell short of expectations.
Rainmaker Securities Managing Director Greg Martin and EquityZen Head of Business Development & Partnerships Brianne Lynch sit down with Yahoo Finance Live to discuss sentiment on the IPO market heading into 2024 after this year’s performance.
“A lot of companies that are sitting on the sidelines are waiting for one or two blockbuster IPOs to happen,” Lynch explains. “So these first companies that go are choosing to be leaders and hopefully be the ones to do that.”