IPO Market Coming Back To Life?

Posted by Expert Gadget Reviewer on Friday, 26 June 2009

This is the 2nd time this week that I have heard from "sources" that the IPO market may show signs of coming back to life.

The first indication was from a high-level executive at a high-tech company, who commented that his phone had been ringing lately with offers to jump into some late stage VC funded firms getting prepared to go public.

The second indication comes from Steve Westly (former California State Controller), high tech investor who made his comments in a recent speech (link).

Hopefully where there is smoke - there is fire -- it has been a loooong time since I've seen anything close to good news on the IPO front.