The Real Reason So Many Web Companies Are Filing for IPOs
It's all about the money ... but the payday is going to someone you're forgetting!
There are more than 200 companies in the IPO pipeline, many entering at a time when the IPO market was ugly (namely Q3 2011). A lot of money has been spent preparing to go public, even in a market that doesn’t favor it. Zynga is set to start its IPO roadshow this week and go public (rumored) on December 15, 2011. Groupon thought it beat the odds in an ugly market before getting skewered just as soon as short-selling was permitted in its stock.
So,
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