"These companies' newly public shares are far less likely to melt down as occurred with the class of 2000. For one, companies in the class of 2019 are far older, bigger in size and more sturdy as far as finances and management skills. The median age of today's tech IPOs is 12 years, which is two to three times the age of tech IPOs in 1999 and 2000, at four to five years, according to IPO expert Jay Ritter. Meanwhile, the median sales of the latest class of IPOs is nearly $174 million, more than 14 times bigger than the median $12 million in sales for the years 1999 and 2000."
Source: https://www.investopedia.com/why-ipos-of-2019-won-t-crash-li...