Scott Sperling: We're seeing a correction in the overvaluing of private companies

The Dow, Nasdaq and S&P 500 are in record territory but the IPO market has gone in a decidedly different direction. Scott Sperling, co-president of Thomas H. Lee Partners, joins "Squawk Box" to discuss.

Squawk Box U.S.,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world news,cable,cable news,finance news,money,money tips,financial news,stock market news,stocks,