The market for initial public offerings has been dead for the last few years, but 2010 should be different.
There's a slew of hot startups -- from Facebook to TeleNav to ReachLocal -- with big, rapidly growing businesses that are ready to test the public waters.What has held companies back until now?
Three things, says Chris Dixon, the angel investor, entrepenuer, and blogger:
- Sarbanes Oxley red tape adds millions of dollars in overhead for companies looking to go public.
- New cash from investors like DST for Facebook have eased the need to raise funds from the public market.
- The public got scorched by tech IPOs early this decade and that memory hasn't quite been erased.
Original Article: Companies Ready For IPOs
Author: Jay Yarow
