Baird Capital’s Liang discusses local IPO demand with ‘Crain’s Chicago Business’
In an interview with Crain’s Chicago Business, Baird Capital Partner Mike Liang shares his perspective on the local IPO market in Chicago, which appears healthy amidst the pandemic.
Liang comments: "Seeing the IPO market open up again has multiple ramifications. It provides a much-needed alternative outlet for financing, especially in times when private funding can be harder to find. It does provide an alternative avenue besides M&A for exits. This is good for the ecosystem in general: It keeps strategic acquirers honest if they know companies have an option not to sell but instead go public."