Once-hot tech IPO market goes ice cold

By this time last year, New York technology companies Compass, DigitalOcean, Olo and Oscar Health had all gone public. More than 20 other local startups would join them by the end of the year.

This year? Mostly just crickets.

Uncertainty in the markets, including the overall poor performance of those 2021 tech-industry stock debuts, has brought initial public offerings and other forms of going public to a screeching halt. There were 18 IPOs in the first quarter of this year, worth $2.1 billion total, the slowest start to a year in six years, according to Renaissance Capital.

There were three companies headquartered in the tristate area that

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