Not Everyone Believes The IPO Market Is Coming Back
IPO filings and pricings are on the rise, but not everyone believes that the window is opening more than just a crack. One naysayer is Pascal Levensohn of Levensohn Venture Partners, who plans to deliver a speech tomorrow at the Renewable Energy Finance Forum in San Francisco on how decades of corporate and government neglect of research and development -- combined with the global financial crisis -- will continue to drain capital and create liquidity problems for all but a few viable U.S. companies seeking to go public. He says the entire clean tech industry is at risk. Also, relaxing Sarbanes Oxley to make it easier for companies to go public is out. An abstract of his speech comes after the jump:
30 September 2009•3 mins read
