Good News And Bad News On IPO Front(2)
This morning my inbox contained the latest report from Renaissance Capital. It has some hopeful news about IPOs, but not necessarily for Silicon Valley.
First, the good news: ”After an uptick in filing activity, there are 67 companies in the active IPO pipeline, up from 29 in March 2009.”
As far as Silicon Valley is concerned, that’s about as far as the good news goes. Now, here’s the bad news.
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