Philippe Laffont Warns the U.S. IPO Market Is “Broken Beyond Repair” at Delivering Alpha 2025

Philippe Laffont

The U.S. IPO Market is undergoing one of the most problematic periods in decades, as Coatue Management founder and portfolio manager Philippe Laffont believes. At CNBC’s Delivering Alpha conference in New York on November 13, 2025, Laffont gave a blunt assessment of the public-listing system. He said the path for companies to go public is … Read more