Valuations of recent IPOs, relative to the companies' revenue, are at their highest levels since the dot-com era, sparking concerns among investors (Wall Street Journal)

Wall Street Journal:
Valuations of recent IPOs, relative to the companies' revenue, are at their highest levels since the dot-com era, sparking concerns among investors  —  DoorDash and Airbnb both rocketed in their public debuts.  Now, Roblox has pulled its offering as questions mount about soaring valuations.

from Techmeme https://ift.tt/3nn44d0