Silicon Valley is on the verge of a new bout of Wall Street fever, as private technology companies rush to cash in on the first signs of stock market interest in initial public offerings for more than two years, according to venture capitalists.
Financiers are talking of public stock sales by tech companies at a level not seen since the 1990s – led by social networking company Facebook and a batch of other internet and “greentech” companies.
However, some experienced Valley financiers warn that most of the companies that have set their sights on Wall Street will never make it and will be forced instead to sell out to a larger company.
FT.com / Technology - Silicon Valley set for IPO rebound
