Forerunner ventures is also popular among startups and new tech companies. Thirteen years ago it gave many companies their first ever startup. Such as bonobos, Glossier and Warby Parker.
The portfolio of Forerunner is holding many companies some are still private like Glossier however others like bonobos and parker are now part of Walmart and special acquisition part of vehicles.
So in other words the forerunner holds a prestigious position. It is now going to select companies through AI IPO. Many companies are afraid of the IPO process.
Many companies and startups are delaying IPO. But like other conditions the IPO is also part of a due procedure. Stop treating it like Taboo.
Chime and Oura are companies which were startups under forerunner. Today both companies have a total net worth of billions. While Oura is going to go public the Chime CEO is not going to IPO.
The forerunner CEO Kristen Green is not liking the Chime CEO Tom Haul’s decision. But when you ask her she does not seem agitated. Even she was not bothered at all. Because the latter CEO is telling the media on and on that he will not IPO.
The companies long before any investing ventures were managing liquidity on their own. But now as times are changing the companies are trying to grasp secondary investors who can help them with many expenses and liquidity.
The forerunner is providing secondary services like buying and selling of the company and the shares. This is a more practical approach. Because many companies wait for 10 to 12 years before making themselves public.
To gain such success is not easy. The companies cannot do so on their own. That is where the forerunner comes along. The features of the secondary market allows the companies to move their expenses and assets. Also it helps to open opportunities for return and liquidity matters.
The industry analysts think this IPO is a great opportunity for those who want to avail it. The forerunner CEO Green thinks this opportunity is remarkable with the respect to price.
More participation means the increase in price. Which is a great point. After the idea of a great price the terms are set between the buyer and the seller.
Conclusion
In the long run the IPO is not a bad feature for the companies. Those CEOs who are thriving to make their mark in the tech industry want to gain access to natural and highly qualified investors.
These investors will help the companies in going public. With the help of these features the companies will become more popular among other tech giants. The achievements and profits will increase vigorously in numbers.
