Arent IPOs risky?
Of course any type of investment is risky if you don’t do your homework. For more than 20 years, Renaissance Capital has been analyzing IPOs, so we have a significant amount of experience in assessing IPOs. We pride ourselves on performing the most in-depth research possible on IPOs so, while many IPOs are smaller and riskier than average companies, we try to minimize that risk through our extensive research efforts. We carefully analyze the prospectus, compare the IPO to similar publicly traded companies, speak with competitors, attend roadshows, and basically do anything we have to in order to properly assess an IPO.
