GeneralBearishCrypto Briefing · 3h ago6/10
📰
Renaissance Capital’s Matt Kennedy says there’s no IPO mania, just three massive deals hogging all the attention
Renaissance Capital analyst Matt Kennedy argues that the IPO market is not experiencing broad mania, but rather capital concentration in three major deals—likely SpaceX, OpenAI, and Anthropic—that are dominating investor attention and potentially crowding out opportunities for smaller companies seeking to go public.
🏢 OpenAI🏢 Anthropic