The total number of IPOs fell 38% per year for the last two years.
If we focus only on tech IPOs, the downturn is even more dramatic. There were only 15 tech IPOs last year, which is down from 28 in 2015 (-47% year over year) and 62 in 2014 (-55% year over year).
Image: https://www.wallstreetdaily.com
