 DownLow Nope...I Got Nothing Premium join:2001-04-25 Long Island
| Re: IPO or not; can Vonage compete cable & telco c They aren't going public with their current CEO - who no doubt isn't going anywhere.
I would bet that they don't go public, this is just a ploy to send a signal to the public that they are interested in a transaction (i.e., buyout). If they actually get public, it will not be a hot deal for all the reasons posted already about competition, CEO's background, etc. Also, I am sure they are looking to provide liquidity to its early-stage investors, so if they get public, not only have they given these investors a good return on their investment (a public market multiple is sure to be higher than a private valuation), they can cash out via open market transactions - or even a sale of the company. -- Cleverly Disguised As A Responsible Adult! |