“Highest number of third-quarter offerings since 2000.”
By: Michael Aneiro
“Fourteen venture-backed U.S. companies completed initial public offerings in the third quarter, representing the largest third-quarter total since 2000, according to a new report.
The Third-quarter total marked a slight downturn from the second quarter of 2004, which saw 24 companies go public, according to VentureOne, a unit of Dow Jones. While the number of IPOs decreased from last quarter, the third-quarter total still equaled the second highest quarter on record since 2000.”
– During the craziness of 1999 to 2000 the annual number of IPOs averaged 226. This validates earlier posts that pose the question whether the IPO track should even be looked at. If only 226 IPOs occurred during the most active IPO years then what is the chance that your business will be able to IPO. It is better to dedicate your resources and time to serving your customer better and increasing your sales rather then running about the country trying to get an IPO off of the ground. -ed.