The Return Of The Tech IPO
from the hello,-second-tier... dept
Wall Street folks and venture capitalists must be excited these days. As everyone waits for the "big name" IPOs from Salesforce.com (any day now...) and Google (still playing coy), the next level of tech IPO prospects seems to be rushing to get through this IPO window, hoping that it doesn't slam shut. So, yesterday Seven Networks filed to go public, while today we have Shopping.com and Brightmail both filing for their own IPOs. Expect many more filings in the coming weeks - though, some may be impacted by how these initial offerings do when they hit the market. However, you can bet that VCs and the investment banking types are looking at every possible IPO candidate and pushing anyone who looks remotely close to ready to start the process while the window appears to be opening. Update: Even Major League Baseball is considering an IPO for their online division. Now we know the floodgates are opening.