Tech IPO drought continued in 2016, but there are signs 2017 could be a blockbuster year

When it came to public offerings by tech companies, 2016 emerged like a corpse and only exhibited the faintest of heartbeats by the end.
Still, it’s worth re-writing the line that we have all written for the last two years: Next year could be much better! And this time, that could actually turn out to be true.
Let’s start with the 2016 IPO autopsy.
According to Renaissance Capital, in 2016 there were 21 U.S. tech IPOs, which raised only $3 billion. (The first quarter was particularly