In my December theme predictions for 2007, I was bullish on IPO’s . I got bullish on this blog back in early 2006 because there is so much money floating around so many tech companies built on better business models in the dark days of the Nadaq.
The fruits of labor for the saavy tech entrepreneur are going to be rewarded and rewarded big time in the coming wave of IPO’s .
Ego, passion, mergers and cheap money will keep this trend in place for quite some time. It’s another reason that dips are being bought. The smart money knew this stuff early last year.
Adding to my bullish tilt towards IPO’s is the disdain Business 2.0 gets from the nerds and haters for a positive article on IPO’s.