Private equity and the decline of public markets

I've written a piece for the ShareSoc blog on the rise of private equity and some of the effects it is having: most notably the decline in the number of listed companies and the rise of absurdly valued IPOs (I see today ByteDance has a mooted IPO figure of $87-95bn!).

Hope you find it interesting, its high level rather than company specific: https://www.sharesoc.org/blog/...

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