Hold the LINE: What the Line IPO means for future tech IPOs
Below, you'll see historical tech IPO activity surrounding the Twitter and Alibaba IPOs, two outsized tech listings over the past 3 years:
It appears to be business as usual after each of the large IPOs, suggesting that a "mega-IPO" doesn't impact future IPO activity.
In other news...
Cambridge: Private equity, venture capital returns down in 2015, but better than public markets
The Cambridge Associates U.S. Private Equity index and the U.S. Venture Capital index returned 5.9% and 12.9%, respectively, in 2015, ahead of the Nasdaq Composite index, the S&P 500 and the Russell 2000, which returned 5.7%, 1.4% and -4.4%, respectively, for the year.
Line, the newly public messaging app, has funded at least 9 U.S. startups
Line, the popular Japanese messaging service that went public last week on both the NYSE and in Japan, partnered on a fund a couple of years ago with the New York-based venture firm Collaborative Fund in order to gain more of a foothold in the U.S.