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"Tech IPOs Finally Catching Up to Reality" - Rett Wallace

In his interview on Bloomberg TV, Triton's Rett Wallace explains how the irrational performance of technology IPOs in the first half of 2018 may have finally normalized. "We spend our time scoring the companies so that people can invest in the good ones and avoid the bad ones, but that didn't matter for a long time this year. Now we find that whether a company is good matters again. Even though tech IPOs in general are up 4% for the year, our high scores are up 10% and the low scores are underwater." Excerpt from Bloomberg TV interview - HERE




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