The more IPOs there is the more cautious investors will be (as shown with IceDrill) and that means the new IPOs better come prepared with a professional well-thought plan. The days of half-assed IPOs are over.
This.
You better be prepared to identify yourself and have a
thorough business plan. Investors are getting smarter and are understanding which questions need to be asked before they will even consider investing in an IPO. Only the strongest of the strong will survive and get fully invested and succeed. Thanks free market!