There's been a lot of debate about the state of the IPO market, and whether it's dead, or there just isn't an appetite for speculative companies like Clearwire and GoDaddy. But part of this debate may be skewed by how the media tends to cover the market, as it likes to focus on pulled IPOs and spectacular flameouts, like Vonage. In reality, there are far more companies going to market, than those that abort their plans. Altogether, 89 companies have filed to go public, looking to raise $16.3 billion, while only 17 have been pulled. Obviously, investors are smarter and more discriminating than they were during the bubble years, but for good companies, it shouldn't be hard to tap the public market.
If you liked this post, you may also be interested in...
- Cisco Admits That Foreigners Afraid Of NSA Revelations May Have Hurt Latest Earnings
- SEC Finally Says Companies Can Communicate Via Social Media
- Dell Board Can't Get Into Specifics, But Just Trust Them When They Say: Sell!
- SEC Still Way Behind The Times In Dealing With The Way People Communicate
- Prospectus for Silicon Valley's Next Hot Tech IPO