Persistence pays, even through volatile markets
In the article by Ed Porter from James Cowper, it is indicated that many companies will abort their planned IPOs. For many technology based businesses, flotation of the company shares in a public market like LSE’s AIM or NASDAQ is seen as a realistic option for raising further financing via equity sale providing exit for earlier investors.
Advertisement
However, the degree of volatility seen over the past twelve months has meant investors had a rough ride on the UK capital markets in 2007 with plummeting share prices in the second half of the year, reminiscent of the burst of the dot.com bubble in 2001.
This has major implications on the management team and companies strategy going forward. This was highlighted in our in depth interview with Guy Willner of IX Europe (see Persistence and networking can pay). Incidentally , IX Europe, which first came under our radar screen way back in 2003, was the largest venture-backed M&A of the year in 2007 as a result of its €396.6 million acquisition by Equinix, as you will see in our report European 2007 IPO and M and A activity slows.
Comments on this story? Send an email to the editor: address - editor [@] thechilli.com
 |
|
|
© Chilli Publishing Ltd 2008 |
24 JAN 2008 |
