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Rosetta Stone to be first VC-backed IPO in six months
- chris11 18y agoGood for them. I really don't see this as a sign that investor confidence is increasing though. Rosetta Stone is probably the most recognized names in computerized language instruction, and I am sure it is profitable. The company is also around 17 years old. So I really don't see investing in Rosetta Stone to be a big risk. I have no idea how the stock is going to do, but I don't see any significant risk that the company will go bankrupt or lose the majority of its value in a year. They already have a successful business model.
- mikecuesta 18y agoHopefully this is a decent indicator of increased investor confidence.
- martythemaniak 18y ago"According to the company's recent filing with the SEC, Rosetta plans to grow its business with new types of Web-based language instruction services." Hopefully a good mobile application for Blackberry/android/iphone is a part of that. I used the desktop app for a while and felt it was a pretty good way to casually pick up a language (when paired with a dictionary and some grammar/theory books), but gave it up. I have a 40min commute each way 5 days a week, and would gladly use a mobile app if they had one.