Bloomberg Surveillance · Thursday, August 27, 2026
Ethan Devitt emphasizes the critical role of timing for upcoming IPOs like Anthropic and OpenAI, noting that strong growth expectations and market momentum are key. He uses Shein's reduced valuation as an example of how missing the window can impact market entry.
“Well, it really illustrates how timing is everything when it comes to IPO. We're seeing massive changes in expectations around growth. And growth, we've seen this just in terms of the volume of venture capital activity and even the projections we're seeing coming out of something like an anthropic.”
“Sheen is a great example of missing a window. They still need to go public, but the valuation is at a fraction of what it was before.”
“Overall, very positive, but timing is everything, and the market may not stay this resilient for that long.”