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January 06, 2005
IPO Pipeline is Full
Red Herring reports that the IPO pipeline is full of growing ventures looking to expand.
"As of December 30, 116 companies had filed plans for IPOs to raise $24.8 billion, according to available records. The number of potential issuers and the dollar-volume figures are more than double what they were a year ago.
"Flip the calendar back to January 1, 2004, when 49 IPOs were looking to raise $8.9 billion. By the time 2004 ended, 238 IPOs had been priced, raising $45.2 billion."
This is more evidence of the potential for a strong economy in 2005.
Posted January 6, 2005 06:25 AM
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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.
