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Unprofitable Companies Going Public

In a long-form published piece for Bloomberg, Esha Dey, Drew Singer, Ryan Vlastelica, Kristine Owram, and Mathieu Benhamou explored the recent high rate of unprofitable companies completing IPOs. Throughout the article, the authors interview Triton's Rett Wallace on the trend, which is at a peak since the 2000 tech bubble. "'It used to be an article of faith that you couldn’t go public until you turn a profit,” said Rett Wallace, chief executive officer of Triton Research 'Not a path to profitability, a profit.'" Full story on Bloomberg - HERE


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