Dotcom IPOs now?
In 1997–2000 890 IPOs happened.
- Till 2005–500 of them were dead,
- till 2010 175 more were dead.
- - As of now only 12% out of 850 survived.
But one of them is Amazon — from $0.5B to $400B in 17 years (+46%/year IRR). ICO is the same thing. NASDAQ did 6x in 20 years (9%/year IRR).