« Incentives for Equity Investment are not the Answer | Home-based Business Ideas »
September 09, 2004
IPOs to Increase this Fall
Red Herring reports that IPOs will increase significantly and it will happen much earlier than it normally does in the fall season.
"In past years, Wall Street's investment bankers and IPO investors rarely saw the new-issue ball start rolling this soon after the Labor Day weekend. Over the last few years, the kickoff for IPOs occurred any time from mid-September to early October."
This signals a significant surge in IPOs and economic growth from the entrepreneurial firms they finance.
"So far, the IPO pipeline has 160 companies hoping to go public, according to available records. They expect to raise $33 billion. On January 2, the IPO pipeline had 49 companies planning to go public. At that point, the expectation was to raise a total of $8.9 billion."
Posted September 9, 2004 07:44 AM
at Belmont University in Nashville, Tennessee. He consults with a variety of businesses on start-up and growth related issues, and with larger corporations on re-establishing entrepreneurial cultures within their organizations. Dr. Cornwall's current research interests include entrepreneurial finance and entrepreneurial ethics. He has authored or co-authored four books.
