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Skippy and Doogles dig into the weird state of today’s market: IPOs are rarer, companies are older, profitability is harder to find, and a lot of the action has disappeared into private markets. Using Jay Ritter’s IPO data as a jumping off point, they compare today’s IPO landscape to the dot-com era and ask whether the public market data is missing the real story. Bubbly valuations, massive market concentration, shaky consumer sentiment, private credit concerns, happy hour economics, and the newly coined “Dog’s Life Economy,” where everyone keeps running full speed until something breaks.

Join the premium Skippy and Doogles fan club. You can also get more details about the show at skippydoogles.com, show notes on our Substack, and send comments or questions to skippydoogles@gmail.com.