Saturday, December 23, 2006

Are startup IPOs return?

Many experts predict that 2007 would be the return of the IPOs for web 2.0 startups. Paul Kedrosky may not know much about the power of Blackberry (hence no need for Blackberry 2.0), but he does know the stock markets… very well. He has been calling for a comeback2 of the technology IPOs in 2007. And he is right about that. We are beginning to hear rumblings of many companies looking to tap the IPO markets. For instance, Michael Arrington is reporting3 on a possible IPO for NetSuite, which is looking for a $1 billion valuation.