📜 ⬆️ ⬇️

Technological IPOs go bullish

During these "post-crisis" years it has become a normal option to prepare a startup for sale, and not to enter the stock exchange. Even the largest startups at the cost of over a billion dollars (YouTube, Skype) - even they became the object of purchase, and did not prepare an IPO. But in 2007 the situation must change .

This year the number of companies that have already submitted IPO documents or are preparing to do this is greater than ever. This has not happened since 2000. According to analysts, in the second half of 2006 there was clearly a real euphoria on the market, which had not existed since the late 90s. The Nasdaq index rose in the second half. 2006 was almost 20%. Not surprisingly, the technology startups that entered the stock exchange at this time showed an average growth in quotations of 37% compared to the offering price. This clearly expressed bull market was not long ago.

The brightest IPOs last year were made by network equipment manufacturer Riverbed Technology in November (more than tripled in two months) and producer of modular network disk arrays Isilon Systems (+ 77% for the first trading day in mid-December). Although, of course, there were failures, such as Vonage (-60% from the time of the IPO in May 2006 to January 2007).

For the first time since the dotcom boom, investors are so in love with technology startups. In 2007 a big show is expected. Wireless equipment maker Aruba Networks , WiMax company Clearwire , computer security company Sourcefire , and local operator MetroPCS will enter the exchange. All of these companies postponed before the IPO due to adverse market conditions. Now their time has come.
')
The total estimated value of all technology companies awaiting an IPO rose from $ 1.1 billion in January 2006 to $ 4.7 billion in January 2007. These are the six hottest IPO applicants among high-tech firms, according to Business 2.0 .

Art.com
Online sales of works of art. The annual turnover is expected to reach $ 100 million after the merger with Allposters.com. Investors: Benchmark Capital and Polaris Venture Partners.

MetroPCS
Local mobile operator. Good growth, profit rose to $ 70 million, and excellent financial condition allows us to evaluate the company at $ 1.1 billion.

Netsuite
Business software by request. Plans to arrange an IPO in the style of Google, that is, through a Dutch auction. The main investor of the company is Larry Ellison from Oracle.

Postini
Email security systems are becoming increasingly popular as spam grows. The company already has more than 36,000 customers worldwide, and it has become profitable since 2004.

Tellme networks
Voice automation. Profitable since 2004, and revenues are expected to reach $ 100 million. For an IPO hired a specialist who helped go public on Google.

Zappos.com
An analogue of the Amazon store, but only for shoes. A fast-growing, well-managed website that already makes a profit and that is loved by its users. Also can use the Dutch auction system.

Source: https://habr.com/ru/post/5065/


All Articles