Run And Hide: Goldman Sachs Says The Internet IPO Market Is Back
from the uh-oh... dept
The signs of the new bubble are coming fast and furious these days. Startups are getting money they don't want or need, buyouts are starting to happen, and now Wall Street has woken up. Goldman Sachs has declared from atop the mountain that the time for internet companies to go public is now back. Open up the floodgates and let the hype flow in... To his credit, the managing director at Goldman who said this tried to limit the remarks by saying that it's more cautious and less about hype this time, but Wall Street doesn't seem to work around that kind of subtlety. It's usually all out or nothing.