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January 29, 2025
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Jennifer Post Discusses ServiceTitan’s Public Offering, Los Angeles IPO Market

Thompson Coburn partner Jennifer Post was quoted in a recent Los Angeles Business Journal article on ServiceTitan’s plan to go public and the potential impact of the recent Los Angeles wildfires on the local IPO market.

“It has frankly become a very significant financial city, and a lot of these finance professionals have had professional losses, personal losses, their communities have had losses,” said Jennifer. “There’s just a question of the psychological bandwidth regarding IPO leadership, if you will, to move forward with the same commitment.”

ServiceTitan’s earnings are unlikely to be the catalyst of any new IPOs, she noted. The market under President  Trump is already projected to be more suitable for business dealings at large, including launching private companies out into the public market.

“The unknown is what will be the full effect of the tariffs if they go into full effect, heavy-duty ICE enforcement, other things that can cause disruptions to the U.S. economy,” said Jennifer. “And if those things happen then the interest rates are going to be frozen at best and there will just be disruptions to companies that would otherwise be looking at an IPO.”

Click here to read the full article.

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