Take My IPO . . . Please!
Your public offering is dead in the water, and it doesn't look like the market will save it anytime soon. Now what?
By Chris Penttila •
Opinions expressed by Entrepreneur contributors are their own.
Ah, 1999. The days when companies were going public like raindrops, and stock prices were soaring through the roof before the sound of the opening bell had even faded. The days when young companies counted the minutes to their IPOs and then reaped the multimillion-dollar benefits.
"An IPO was a cheap and easy way to raise money," says Nick Hanauer, a founding partner of Seattle-based VC firm Second Avenue Partners and an early investor in Amazon.com. "The markets were frothy and irrational."
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve
