Other Than Some High-Profile Failures, IPO Market Doing Pretty Well
from the don't-believe-the-hype dept
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.