It strikes me that if the WSJ ran an article with the headline, "Hluska to earn a billion dollars in 2016" both my odds of earning a billion dollars and my realized earnings in 2016 would go up astronomically, regardless of any market or business conditions.
In other words, it is hard to quantify the extent to which coverage about how the IPO market is going to stink, and how valuations are going to hit the toilet actually cause IPO markets to suck and valuations to hit the toilet.
In other words, it is hard to quantify the extent to which coverage about how the IPO market is going to stink, and how valuations are going to hit the toilet actually cause IPO markets to suck and valuations to hit the toilet.