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Now is not the time to take a company public, Forerunner Ventures founder Kirsten Green said Thursday during an Axios Pro Insights event.

"I'm not sure I would take a company public if I was one of our portfolio companies right now. I would have said that in January and I'm certainly saying that today. The level of uncertainty just went through the roof."

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Forerunner founder says IPO uncertainty "through the roof"

Forerunner just raised $1 billion for its latest VC fund.

Photo: Michael Kovac/Getty Images for WeWork

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Now is not the time to take a company public, Forerunner Ventures founder Kirsten Green said Thursday during an Axios Pro Insights event.<blockquote>&quot;I&#x27;m not sure I would take a company public if I was one of our portfolio companies right now. I would have said that in January and I&#x27;m certainly saying that today. The level of uncertainty just went through the roof.&quot;</blockquote>Go deeper: <a class="gtmContentClick" data-vars-link-text="Start your free trial to Axios Pro" data-vars-click-url="http://AxiosPro.com" data-vars-content-id="e4fe1855-42c6-41a6-b84b-4a3ef10e6fbd" data-vars-headline="Forerunner founder says IPO uncertainty &quot;through the roof&quot;" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="http://AxiosPro.com" target="_blank">Start your free trial to Axios Pro</a>

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.