2021 was an electric year for initial public offerings (IPO), with record-breaking deal volumes and revenues being recorded around the world. Despite the world being populated by more unicorns than ever before, IPO volume this year is struggling under the weight of a widespread economic downturn that’s halted the market in its tracks. It’s worth noting that IPO volume isn’t being driven by the shortcomings of startups in recent months. In fact, we saw 1,000 unicorns populate the world for the first time. Since this landmark figure, we’ve seen far more businesses with valuations in excess of $1 billion emerge...