# Professor Arun Sundararajan weighs in on future of the IPO landscape; his book, "The Sharing Economy," is referenced

1 Faculty News October 25, 2019 ![CGTN logo ](/sites/default/files/styles/246w/public/assets/images/cgtn192x144.jpg?itok=ZR020S7w)>

Excerpt from [CGTN](https://america.cgtn.com/2019/10/24/ipos-take-beating-in-2019-due-to-global-market-volatility-skepticism) -- “'I believe that in the long run we could see some benefit for tech investing in general,' says New York University Professor [Arun Sundararajan](https://www.stern.nyu.edu/faculty/bio/arun-sundararajan), the author of 'The Sharing Economy.' 'The amounts of capital infused into companies pre-IPO aren’t quite as enormous and the valuations stay realistic until the company is subjected to the rigorous of the public market.'”

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