Group 1 - The current surge in IPO activity in the US is primarily driven by technology companies, with significant confidence from boards and management teams regarding future valuations and performance [2][3][4] - Recent IPOs have shown an average aftermarket trading increase of 40%, indicating strong investor interest in growth [4][6] - The expectation is that by the end of the year, there will be around 20 tech-related IPOs, aligning with historical averages over the past 20 years, with further acceleration anticipated in 2026 [6][10] Group 2 - There is a trend of insiders not selling shares in new issues, leading to more generous floats, which may enhance market liquidity [7][8] - The definition of "tech" is expanding, with healthcare and consumer-based businesses increasingly being categorized as tech companies, indicating a broader landscape for tech-related IPOs [9][10]