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IPO delays are bumming me out



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Roblox is on ice and Affirm could slip, alas

Alex Wilhelm

8 hours

A spurt of delays could derail the end-of-year IPO cavalcade, pushing some major flotations into 2021 and possibly complicating next year’s public-liquidity run.
On Saturday, the NYT reported that gaming development platform Roblox would delay its IPO into the new year. Its CEO informed employees that the hiatus would allow Roblox to “improve [its] specific process” for shareholders of all types.

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What the hell does that mean?

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