Entries tagged "IPO drought"
If LogMeIn goes public on Wednesday as expected, it will be the fourth VC-backed company this year to do so. Last week, four companies went public, the most IPOs in any week since April of 2008.
Chemspec International and Duoyuan Global Water went public on Wednesday, and Medidata Solutions and Invesco Mortgage Capital are likely to debut on Thursday.
'The old fashioned VC-backed IPO will have quite a bit of appeal' when the appetite for owning stocks comes back, says Union Square Ventures co-founder Fred Wilson.