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Lots of newly IPO'd tech companies during the last Dotcom bubble survived through it and eventually grew to be prominent companies today. Many of their share pr
by ssnistfajen 8y ago
Lots of newly IPO'd tech companies during the last Dotcom bubble survived through it and eventually grew to be prominent companies today. Many of their share prices were down >80% in the years afterwards, but the cash raised through IPOs were crucial to help them survive and expand. An exit via IPO now is better than trying to do a founding round in the middle of a recession when you are low on cash again.
- Judgmentality 8y ago> Lots of newly IPO'd tech companies during the last Dotcom bubble survived through it and eventually grew to be prominent companies today. Do you have a list? I know some survived, but my understanding (and I have not actually compiled a list, so I'm not claiming to be certain) is that the overwhelming majority were wiped out and only a handful survived.
- ssnistfajen 8y agohttps://www.nytimes.com/2008/11/23/business/23proto.html https://www.nytimes.com/2008/11/23/business/23proto.html 48% of dot-com companies founded after 1996 survived until at least 2004. My own incomplete knowledge of these companies include Amazon and Ebay, as well as a handful of Chinese tech companies such as NetEase, Sohu, and Sina.
- Judgmentality 8y ago> companies founded after 1996 Not trying to be a dick, but neither Amazon nor eBay meets that criterion. That said, thanks for the link.