The current IPO market is 'broken,' says IPO ETF creator—here's how $IPO $IPOS (via ETFEdgeCNBC)
— to below $15 billion by the time it pulled its IPO filing exemplifies that problem, Smith said.
"I think that WeWork is an example of why we're not yet at 1999," she said. "In '99, WeWork would've happened."
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