Dean Quiambao anticipates a “very, very strong year” for IPOs, stretching into 2027. He expects a lot of exciting names in the back half of the year, especially from AI-native companies. He thinks they’ll make a big splash in the markets, comparing it to the Olympics. Anticipated IPOs include Anthropic, OpenAI, SpaceX, and Databricks, and other names with massive market caps. Dean also speaks to why companies are staying private longer, and what valuation risks could be hanging over the IPO space.