The IPO environment for venture capital-backed companies in the United States is thriving.
For every IPO success, there are also disappointments.
Bloomberg editors offer final thoughts about Twitter’s S-1 IPO filing.
Internet companies with IPO prospects have an average price-to-sales valuation multiple of 10.5x. As would be expected, Software & services companies trade at much higher average valuation multiples than eCommerce players.
The U.S. IPO market surged in the early part of 2013, although the housing market recovery has bumped technology down and given the real estate sector a boost.
Capital markets executives are projecting measured growth in IPOs on
U.S. exchanges in 2013. Click here for report.
Should be asking why would companies want to go public, rather than why wouldn’t they?
Follow-on deals—in which new shares from existing public companies are sold to the public—have experienced a decline this year.