Venture Firms Bask in a Surge of Blockbuster Profits

2021 is on pace to have a record number of IPOs of companies valued above $5 billion after the first day of trading. There have been 21 this year so far, well above the pace of the 42 such IPOs in all of 2000, according to Cordell Eminent Scholar Jay Ritter. 

See more insights from Ritter in this Wall Street Journal story.