Ninety two percent of individuals hired by the companies that went public between 1970 and 2010 were hired after the IPO occurred.
Historically, the job growth that came from the explosion of capital formation for small companies used to be a source of strength for the U.S. economy. However, that is no longer the case. Since the recession, there has been a dramatic decline in our country's IPO activity. The decline in IPO activity can be linked to the sluggish job creation, making it important that we get the IPO market back on track.