Andrew Lucano quoted by The Deal Room

Andrew Lucano was quoted in a June 10 story “Are Buyouts The New IPOs?” from The Deal Room on why, halfway through 2016, there have only been two initial public offerings from tech companies this year. Lucano said that, in the tech world, you frequently see companies being sold on unrealized potential – certain buyers are willing to gamble that what they are purchasing is going to be the next Google or the next Uber, which can result in very high sell-side valuations.