Anyone reading this comment, know that this is the other end of the extreme to saying everyone does well. The truth is far more in the middle with many shades of grey.
Without data it is all just anecdotes. I don't know where the definitive data is to say it is white or black, or reasonable characterized as gray rather than a shade of one of the two extremes. IPO data is public of course, but not the pre-IPO contortions affecting the set up for that moment.