# The Daily Upside - Who Needs IPOs? (Highlights) ![rw-book-cover|256](https://readwise-assets.s3.amazonaws.com/static/images/article1.be68295a7e40.png) ## Highlights - According to Ernst & Young, global IPOs raised nearly $460 billion in proceeds in 2021, but just under $180 billion in 2022 – a 60% drop. ([View Highlight](https://read.readwise.io/read/01gsrq59ztwj1xv5jydj8qb2br)) ^479662888 #data - ![](https://readwise.io/reader/imgproxy?url=http%3A//i8.cmail20.com/ei/t/F1/325/E97/002028/csimport/february-20-2023-1_7.jpeg&hash=b9f8dce8778020ab19a52df8306f46bf) ([View Highlight](https://read.readwise.io/read/01gsrq9vkgrmw84v4yxgfgxmd5)) ^479664406 - ![](https://readwise.io/reader/imgproxy?url=http%3A//i8.cmail20.com/ei/t/F1/325/E97/002028/csimport/february-20-2023-1_7.jpeg&hash=b9f8dce8778020ab19a52df8306f46bf) ([View Highlight](https://read.readwise.io/read/01gsrq9vm39x8x8x1rbbbc1k95)) ^479664407