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Very interesting to see this possible acquisition especially considering last year their CEO was quoted saying regarding a 2014 IPO. "I consider an IPO an entr
by jasonwilk 12y ago
Very interesting to see this possible acquisition especially considering last year their CEO was quoted saying regarding a 2014 IPO.
"I consider an IPO an entrance," he tells us. "We don't have a choice, our volume is too high and our scale is too big for anyone to absorb us."
They've raised over $60M, so maybe they have cooled off quite a bit and seems they are about to get 'absorbed'
Source: http://www.businessinsider.com/flurry-ipo-and-ceo-simon-khalaf-2013-9 http://www.businessinsider.com/flurry-ipo-and-ceo-simon-khal...
- MagicWishMonkey 12y agoThat sounds like typical CEO BS speak.
- applecore 12y agoThat interview is from September 2013. Ad technology stocks have performed very poorly since then[1], so it's understandable they'd want to sell and avoid the headache of an IPO. [1]: http://blogs.wsj.com/cmo/2014/06/02/why-ad-tech-stocks-are-going-south/ http://blogs.wsj.com/cmo/2014/06/02/why-ad-tech-stocks-are-g...