Small Companies Seeking Mergers, Not IPOs
Almost no CEOs of emerging companies are planning to take them public, according to a survey by Foley & Lardner, and over 80% predict a stagnant IPO market for the next two years. (The law firm surveyed 230 people who either attended its bicoastal Emerging Technologies Conference in September or answered its invitation to be surveyed on Twitter). Not only are more executives planning to sell their companies, but more are accelerating the timing of a sale, a move that Foley attributes to their need for "survival capital."
16 October 2009•1 min read
