Wednesday, April 11, 2007

Where Are The Web 2.0 IPOs? -

"Once a relic of the last stock boom, initial public offerings are back--and tech IPOs are really back. In first quarter of 2007 alone, nine venture-backed tech companies have floated stock, with three tech IPOs during the week before last.

But don't look for photos of Silicon Valley kids in flip-flops grinning after striking it rich on the Nasdaq. The tech companies that have gone public so far this year are, um, mature, if not a little staid--they sell things like networking gear and wireless Internet service.

Meanwhile, the most heavily hyped segment of the tech boom--the glitzy "Web 2.0" companies--has produced a grand total of zero stock offerings. What gives?"

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