Hand holding Wall Street street sign in palm.

The Death of the IPO

Jay R. Ritter

The number of IPOs is declining, and that could mean that small investors are getting shut out of the most lucrative deals, writes The Atlantic. Dr. Jay Ritter, Cordell Eminent Scholar, shares his thoughts about why he isn’t concerned about the growth of private markets or the decline in IPOs. Instead, the leading IPO scholar cites the size of public and private companies as the most significant change. Read Ritter’s perspective in The Atlantic.