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'"Some of these companies want to go public because they want to beat Facebook and others out," said one of the sources.' What's the value for being first with
by thirdstation 16y ago
'"Some of these companies want to go public because they want to beat Facebook and others out," said one of the sources.'
What's the value for being first with an IPO? Who does this matter to? Honest question.
'"If Facebook went public before Linkedin, do you think anyone would pay that much attention to Linkedin?" You might want to surpass the beast."'
Again, who does this matter to and why? They are similar companies but they are different in ways that matter regarding target audience.
- rossriley 16y agoI imagine because it opens the way for being part of the various tech funds that want to expose investors to the upside of web properties. If they get out there first then fund managers are likely to want to invest.
- lpolovets 16y agoDisclosure: I used to work for LinkedIn. I think there could be a first mover advantage in the social networking IPO space. In terms of Twitter, FB, LinkedIn, etc, there is not a lot of reputable data about what kind of revenue and profit levels can be generated from a big social networking site. If you're the first company in that space to file and IPO, then you might get more leeway from investors because they don't have anything else to compare to. If you're not the first, then you might be scrutinized more.