Michael Ventura, mentioned 7 times across podcast episodes and expert conversations analyzed by Sonic.
The IPO market in the current year has seen robust issuance but with "binary outcomes," where some deals have risen 30% while others have fallen 30%.
Michael Ventura believes the IPO window for software companies is unlikely to open in the near term.
Capital is rotating out of the software sector, which dominated the last decade, and is being redeployed into new IPOs in other sectors like industrials.