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The Recorder

Riding the IPO Wave: The Outlook for West Coast Companies

August 29, 2019

This year is shaping up as one of the hottest IPO years on record, despite starting out literally frozen as a result of the December 2018 sell-off and the shut-down of the SEC entering the New Year. The west coast is in many respects leading the way, with more IPOs recorded in the first half of the year than in the past four years combined, according to the Los Angeles Business Journal. It is not surprising that the IPO wave is strong across multiple sectors that are the traditional strengths of the west coast market, including biotech, Internet and e-Commerce, and software.