They are doing these IPOs now, because it is their chance to get out before the bubble collapses.
Tech will stay the same, with less coasters.
And yes it is. So for example, it seems during the 1999/2000 era we were dealing with 100s of millions or low billions. Now everything is tens or hundreds of billions, if not trillion or more.
So it just seems super inflated if that makes sense? But yeah I'm new to whatever this is, bubble or not.