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Viewsroom

Cracking the IPO window is a tall task

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 3 August 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

Sandal-maker Birkenstock is among those angling to defy a downturn in stock-market debuts. In this Viewsroom podcast, Breakingviews columnists discuss how corporate hopefuls on both sides of the Atlantic are trying to thaw the deepest freeze on public listings since the pandemic. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:26.4

Visit Slack.com forward slash meet Slackbot to learn more.

0:30.3

The views expressed on this podcast are those of the participants, not of Roalders News.

0:43.5

Thank you. participants, not of Roards News. A successful opening day as a public company on a major stock exchange has long been the

0:48.6

dreamed-of goal for aspiring startups.

0:51.3

Amid a drought of stock market listings, the Viewsroom this week takes a look at what's

0:55.5

holding them back, as well as attempts by big names like Barbie approved sandal maker

0:59.8

Birkenstock to break the logjam.

1:05.7

Welcome back to the Viewsroom, a podcast from Reuters Breaking Views, where columnists from

1:10.0

around the world talk about the

1:11.6

big stories of the week. I'm your host, Jonathan Guilford, coming to you from New York.

1:17.2

With initial public offerings, or IPOs, down sharply amid a tough market, a raft of companies

1:23.4

and their early investors, whether venture capitalists, private equity or else, have been left

1:28.2

waiting in line, forestalling the moment when management, their backers, and their employees

1:33.2

stand to realize rich gains. Yet some brand names, like Food Chain Carver and Beauty Company

1:38.9

Audity, have pushed through to notch big debuts. With Sandal-stylealward Birkenstock reportedly preparing to try its luck next,

1:46.5

I'm joined by London-based columnist and European IPO expert, Pamela Barbillia,

1:51.2

as well as New York-based columnist and startup specialist, Anita Ramaswami.

...

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