EquityZen Head of Market Insight in Insider

Arm and Instacart’s splashy IPOs won’t be enough to revive a market in a slump reminiscent of the dot-com bust

Arm is looking to land a $52 billion valuation as it plans its IPO this month, while Instacart is also planning a multi-billion dollar debut.
IPO and startup experts, however, don’t anticipate the splashy launches to revive the muted market.
One Wharton academic compared the current landscape to the years following the bursting fo the dot-com bubble.

There’s plenty of attention on both Arm and Instacart’s impending initial public offerings, but it’s wishful thinking to expect the debuts to revive a market that’s still feeling a hangover from the pandemic boom.