Reguarding That Giant Glut
Dan said earlier today that there's a "giant glut of private companies looking to go public," and it's my sense that he's right. There has to be, right? So many venture dollars have been poured into private companies that there's bound to be portfolios with companies just chomping at the bit to file a slew of S-1s. But how many companies are out there that could go reasonably go public today if you assume that a public company has to have $50 million in revenue and has to have reached break even?
19 August 2009•2 mins read
