April 30, 2012
Even in a Good Market Tech IPO's Can Cost You
Glenn Solomon, Forbes
Tech IPOs are back in a big way. As Wall Street eagerly awaits Facebook’s IPO, recent issuances such as Brightcove, ExactTarget, Vocera (in which GGV is an investor), Millennial Media and Infoblox have been warmly received by public investors, and last week’s IPO of Splunk hit a rarely seen milestone, with shares more than doubling from the IPO price on its first day of trading.
TAGGED: Groupon, Zynga, Google, Facebook