Startups & VC

The 2025 IPO Class, Graded. Only 3 of 13 Are Above Water

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In 2025, despite an uptick in IPO activity, most technology and B2B companies saw their stock prices fall below initial offering levels, highlighting a market preference for AI infrastructure firms. This trend underscores the need for startups to demonstrate strong fundamentals, profitability, or robust AI integration to secure higher valuations in public markets.

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