Who is the Market’s Worst Performer?

October 7, 2011

Times are tough for the IPO market. Without a single IPO in September and an average year-to-date fall of more than 15%, the window appears closed while companies that chose to go public may have wished to wait. Technology in particular, is always an interesting industry to look at in rough times as it can [...]

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Thinking About IPO Pops

September 21, 2011

While the IPO scene is relatively quiet (there hasn’t been a single offering in September), it’s a good opportunity to go back and take a look at one of the major moments in this year’s IPO run: LinkedIn’s IPO pop. It was big news, spurring a debate about whether or not LinkedIn was robbed and [...]

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Are We In For Another dot-com Bubble?

September 8, 2011

LinkedIn. Groupon. Facebook. They are some of the biggest names in today’s tech world, and they also bring up some memories from not long ago: extreme investor fever, wild growth and hiring numbers, and barely profitable–if at all. Are in for another dot-com bust? Let’s take a look. By many metrics, the answers seems to [...]

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Comparing IPO Demand in 2011 So Far

August 18, 2011

One look at the incredibly volatile stock market of late brings back memories of 2008 and the global economy’s tailspin. Uncertainty abounds and leaves many wondering if we’re in any better shape than the days of the financial crisis. It may not give a complete picture, but what if we looked at the IPO market [...]

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Competing Goals in IPO Pricing

August 10, 2011

For underwriters, pricing an IPO is really a balancing act between two competiting goals. One the one hand, it’s important to be accurate while providing a price that will net a company the largest amount of capital. On the other, the price needs to be discounted on some level to provide incentive for investors to [...]

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The Next Venture Capital Race

July 26, 2011

There’s a growing performance divide among the recent flurry of web IPOs this year. Some storm out of the gate, while others hover around their offer prices or even sink below. Naturally, this also means the venture capital firms that made those companies possible in the first place are also splitting into different tiers of [...]

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NYSE vs. NASDAQ: Battle for 2011 IPOs

July 8, 2011

Depending on where you read, there’s an exchange war brewing with the NYSE either drawing IPOs away from, drawing blood or even crushing the NASDAQ. The big point of contention is that NASDAQ is ceding its golden turf of technology IPOs to the NYSE. This viz that looks at the 2011 record speaks for itself: [...]

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China booms, but its US IPOs struggle

June 28, 2011

China grabs lots of headlines these days. Naturally, so do its IPOs on US shores. Renren’s public offering was a hot topic, not only for being one of the first social media companies to go public, but also for being the latest in a string of high-profile companies coming from China (Youku, Baidu, Sina etc.). [...]

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Questioning the Performance of 2011 IPOs

June 13, 2011

The IPO market can be deceiving. If you look strictly at how much capital the market has raised, you could easily walk away believing that investor confidence is at an all-time high. Companies have raised $24.2b year-to-date, more than double the $9b raised in the first half of 2010 (and we haven’t even finished the [...]

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