Foley & Lardner LLP partner Louis Lehot was recently quoted in the Law360 article, “AI Startup CoreWeave’s Tepid Debut Chills IPO Enthusiasm. ” The article discusses the “skittish” debut for CoreWeave following a scaled-down IPO and what this could mean for the overall market moving forward.
Lehot told Law360 that he has put off expectations for a rebound until at least May. He described CoreWeave’s debut as a “bad augur,” but added that he isn’t ready to write off 2025. “There is a backlog of superb, high-quality companies ready to go public,” Lehot said.
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