... business valuation difficult. Investors will have to rely on the company’s internal data and their analytical conclusions, increasing the risk of mispricing. Macroeconomic and regulatory risks. The state of the economy and the overall condition of the stock market influence the attractiveness of IPOs. In Russia, specific factors apply: currency fluctuations, sanctions, changes in investment legislation. Changes in key interest rates or new regulations can sharply adjust return expectations. Restrictions ...

... exchange, aiming to raise up to $1 billion, indicating a revival of IPO activity at least in the Asian markets. In the U.S. and Europe, the situation is also significantly improving. The American fintech unicorn Chime recently successfully debuted on the stock market, surging more than 30% on its first trading day and becoming one of the largest fintech IPOs of the year. This success is inspiring others. The designer platform Figma officially conducted its listing and raised about $1.5 billion during its IPO ...

... time-tested principles that are invaluable to any investor. Common Stocks and Uncommon Profits, Philip Fisher (1958) Philip Fisher, a pioneer of financial analysis, has significantly influenced modern investment theory, particularly through his idea of market analysis based on growth potential. This book teaches investors how to evaluate the quality of a business and its potential profitability. Stocks for the Long Run, Jeremy Siegel (1994) As the title suggests, this book focuses on long-term investments. Basing his conclusions on over two hundred years of research, Siegel argues that stocks not only yield higher returns compared to other financial ...

... examining each one in more detail. American Market The American market is one of the most ambiguous and risky markets. Just last year, indices fell by more than 7%. This trend continues into the current year. Nevertheless, experts believe that the American stock market should not be disregarded. Sharp fluctuations in quotes can allow investors to earn substantial profits. This is speculative profit; however, it may significantly exceed income generated from dividend payouts. Experts suggest that this year, investments ...

... as those in the CIS countries, are trying to catch the wave of venture growth in spite of external constraints. Below are the key events and trends shaping the current agenda for the venture market as of August 1, 2025: Continued IPO Wave. Successful stock market debuts of tech "unicorns" and new applications confirm that the long-awaited "window" for exits remains open. Mega Funding Rounds and New Unicorns. Unprecedented investments are raising startup valuations to record levels, particularly ...