Source: The Verge

What You Should Do To Prepare For The Next Downturn

According to data compiled by Jay Ritter, a professor at the University of Florida’s Warrington College of Business, 76% of the companies that went public last year were unprofitable on a per-share basis in the year leading up to their initial offerings versus 80% during the dot-com boom in 2000. Of the 15 tech companies that went IPO in 2018, only three had positive earnings per share in the previous year. Read More...