-
The Return of IPO in 2011!
Posted by mahesh in Inspiration Knowledge | Jan 13, 2011 @ 14:34[From Strategyeye Digital Media's Predictions]
Facebook won’t yet, Demand Media definitely will, Skype wants to, LinkedIn might, as may Zynga, Groupon or even Twitter. Tech IPOs look set to come back with a vengeance in 2011. Or will they?For all the speculation stoked during 2010, concrete commitments for going public this year are harder to identify. And companies are now looking at other ways to raise money.Hulu is a good example of a candidate supposedly poised for an IPO that now looks less certain. Enter Facebook and the USD1.5bn “special purpose vehicle” it created with Goldman Sachs. Via this, the social network will increase its shareholders to more than 500 and will have to disclose its financial results, but it doesn’t necessarily need to go public. Will other companies follow this strategy? Facebook may eventually IPO regardless, but if it does it will be in 2012, not 2011. The only certainty is that there will be more IPO activity this year than last, with Russian search engine Yandex, some more Chinese internet firms, Betfair, Pandora and Glam Media also ones to watch.
All in all a great time to pick tech stocks especially through concepts like Sharespost.
Leave a Reply
