Re:The Real Reason IPOs And Mergers Are Down
by antiismist on Wednesday July 23, 2008 @05:22PM
(#254801)
That is an interesting point - implied in that statement is lifestyle businesses are crowding out cashout businesses. That may be true, but it is very debatable and speculative (so a reasonable commentary about the dearth of IPOs wouldn't have to talk about it).
If a couple of guys can build a seven or eight figure revenue business with nothing more than sweat equity, savings, a little debt, and maybe an angel, they may not be in such a rush to cash out.