Thursday, April 13, 2006

GoDaddy As The Potential Catalyst For A New IPO Bubble

Techdirt: "GoDaddy As The Potential Catalyst For A New IPO Bubble
from the fits-the-billing
... dept
We've had a few stories lately about the IPO market -- and whether or not it was really opening up. Back when Google went public in 2004, there was a lot of talk about how it would open up the IPO market for tech companies again... but that turned out to be wrong. In retrospect, it isn't hard to see why. Google is clearly a special case for the market -- and could have gone public successfully no matter what the rest of the IPO environment was. To really open up the market again, there would need to be a lower profile, but still well known, company to successfully hit the market. While there has been some talk about how slow the tech IPO market has been there certainly have been some companies going public. Unfortunately, many of them seemed pretty questionable. "

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