The years 2008 and 2009 will likely go down in history as one of the worst environments for companies wishing to go public.

Question

Quizplus · Accepted Answer

This statement is true. The global financial crisis of 2008-2009 severely impacted the financial markets, including the IPO market. Many companies delayed or cancelled their plans to go public during this time. It wasn't until 2010 that the IPO market began to recover.

The Years 2008 and 2009 Will Likely Go Down in History