Triangle-Inside the World of IPOs: Its history, its characters, and its future
Thu, April 20 12:00 pm – 1:15 pm
The initial public offering, or IPO, is one of the most critical events in the financial markets. Young companies gain broader access to capital while investors enjoy a chance to buy into promising growth opportunities. More companies went public between 2018 and 2021 than at any time in recent memory. But some critics argue that the IPO process has broken down, becoming a way for investment banks to reward their best customers. And as interest rate hikes make money more expensive, technology companies and those that invest in them have faced a challenging environment. Since the start of 2022, most startups and investors have avoided IPOs entirely.
Dakin Campbell, CFA, is the chief finance correspondent for Insider, writing features and investigations about the largest firms in finance and technology. He has written extensively about initial public offerings, how Wall Street’s hustle culture leads to burnout, and covered large investment banks like Goldman Sachs for over a decade.
His first book, “Going Public,” about the revolution in how technology shares are sold to the public, was published by Twelve Books last year.
Before joining Insider, Dakin was a reporter for Bloomberg News. He has been interviewed about his reporting by outlets such as the New York Times, NPR, Fortune, BBC Radio, and iHeartRadio. He has degrees from Cornell and Columbia.