LinkedIN CEO says no IPO anytime soon. http://www.statesman.com/business/c...7/02/0702ipos.html?cxtype=rss&cxsvc=7&cxcat=3 Darn! That may have been a good one for 2007. Are there any other Web 2.0 IPO candidates? I have heard Xing or Admob.
XING is already public. It's listed in Frankfurt: http://aktien.onvista.de/snapshot.html?ID_OSI=15558392
I wouldn't bother putting any money in the smaller social networking/ web2.0 sites should any of them go public. I predict a lot of these smaller web 2.0 companies will be forgotten in a few years.
I really hope it goes public \ I missed out on the 90's boom and this would be a very easy way fro retail investors to make a ton of money provided you get in EARLY I imagine facebook being priced at 80 like goog and then surging to 150+ that day like bidu then it goes up another 30% the next day within a few motnhs it is tradign a 300+ and DOES NOT split EVER. Then there is a correction..maybe 30 points or so...volume contracts ..stupid pansies sell out. I come in and buy more at 270 then B00000000M massive traffic spike in facebook . All sudden facebook market share rises to 20% OMG...it is overtaking the myspace goliath! Macebook gaps up 50 points and ends the day up 70 points. It continues to rally for the next four months to 540 a share.
Facebook can't be that good; just ask: how many EliteTraders are members? they don't even have an EliteTrader group for crying out loud! I would rather invest in the EliteTrader IPO.
Here's a good link for some information about the IPO, the rumors are certainly there. http://www.theglobeandmail.com/servlet/story/RTGAM.20070712.wingram12/BNStory/Technology/?query= Myspace has also been quoted at a valuation of 6 billion by er.. Murdoch. http://www.techcrunch.com/2006/11/15/news-corp-myspace-worth-6-billion/ This is still far from Google's cap.