Sixty-seven IPOs have been postponed or completely withdrawn this year. That's more than in any full year since 2012.
Some might say this indicates the IPO market is in chaos, but Elevation Partners co-founder Roger McNamee told CNBC he sees the recent activity as a healthy sign.
"Because by definition, [IPOs] are new, so investors have less information, they have less experience with companies," he said on Monday's "Squawk Alley." "You want to see for health of the market, the IPO market be cautious… . So I think this is a very healthy sign about the public market in general that it is being very selective."