From Lyft to Airbnb, new round of IPOs is no market top: Nick Colas

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Nick Colas asserts the rush of tech IPOs does not point to a market bubble, and he has data to help prove it.

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The DataTrek Research co-founder lists historical trends one of two reasons why a free fall is unlikely.

“We haven’t had a lot of tech IPOs. There were just 52 last year. In the heyday in the 1990s, we got over 250 tech IPOs every year through the back…

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