Wednesday, April 11, 2007

Where Are The Web 2.0 IPOs?

Where Are The Web 2.0 IPOs? - "But venture capitalists say that while the boom is back, there is a fundamental change: The era of the overnight IPO, they say, is gone forever. That means that almost all of the Web 2.0 companies that have sprung up in the past few years simply aren't mature enough to go public."

Welch's strategy is par for the course for most Web 2.0 companies. Instead of floating their own IPO, they hope to get hoovered up by a Web 1.0 veteran that's already gone public.
I agree. Many companies are still trying to rush ideas out there but they are looking harder to build a product that attracts Google or another company in order to get bought out. Some companies are easy to spot since this type of business model sucks.

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