IPOs Flourishing Again
from the bring-on-the-aeron-chairs dept
IPOs, for the most part, have not been the preferred exit strategy of the latest round of entrepreneurs -- most companies debuting on the market this year have been greeted with lackluster response. The tide may be beginning to change; this next quarter may see the largest crop of IPOs since 2000. With 46 VC backed companies registered to go public during the third quarter, it is obvious that the IPO market is warming up. Time to break out the Aeron chairs in celebration of yet another era of Internet hype and excess? Not quite yet. Out of the 46 companies that filed, none were Internet companies. However, if the latest crop of IPOs do well, you can bet that Internet startups will start looking towards Wall Street... and plenty of investment bankers will be waiting with open arms.