A recent article by GeekWire was released discussing tech’s hot year with IPOs. The article talks about economic disparities, COVID-19 impact on tech, and also contains quotes from Paul Meeks. Here are some of the quotes where Paul was mentioned in the article.
“Paul Meeks, the lead portfolio manager for the Wireless Fund and a close follower of the IPO market, noted that “the analog-digital transition that began years ago has been accelerated by COVID in triple time.””
“Companies specializing in areas such as cloud computing, artificial intelligence, cybersecurity and work from home technologies have “captured the imaginations of investors just like the dot com companies did in the late 90s,” he said.”
“And while Meeks said there are some “outrageous valuations” being placed on companies completing IPOs, he thinks there’s a difference between today’s crop of new issuers and those of the late 1990s.”
If you want read the full article, check it out here: IPOs: A hot year for tech offerings shows deep economic disparities