Paypal Really Going Public?
from the calling-their-bluff dept
When Paypal first filed to go public, many people thought it was a bluff. They were simply trying to attract interest from a company who would acquire them instead. However, it seems that their bluff has been called and they might actually go public. It will be very interesting to see how well it does, as they’ll be the first real “internet” company to go public in a very long time. If it takes off, it could mean that others (Google) will try to head out as well, and that could make the internet world a little more comfortable again. Of course, that doesn’t mean Paypal is a company worth buying into, but it will be a leading indicator, and I imagine a number of venture capitalists, investment bankers, and others who hold loads of private dot com equity are holding their collective breath to see what happens.