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Capital Needs Will Drive Startups to Go Public: Wellington's Witheiler

By Bloomberg Technology March 16, 2026 Neutral
Capital Needs Will Drive Startups to Go Public: Wellington's Witheiler
The IPO market will be slow until big names like SpaceX, OpenAI, and Databricks go public, says Matthew Witheiler, head of late-stage growth at Wellington Management. He discusses what will drive some of these high value startups to go public and what potential returns are still to be had, with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.
The IPO market will be slow until big names like SpaceX, OpenAI, and Databricks go public, says Matthew Witheiler, head of late-stage growth at Wellington Management. He discusses what will drive some of these high value startups to go public and what potential returns are still to be had, with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.