NEW YORK, New York — The fifth NetForum meeting took place on May 2nd, 2013. The topic of discussion was “IPO! What IPO???” It is no secret that the IPO market for technology companies has basically vanished. Why is that? Is our community less daring, less ambitious? Are we creating companies of lesser value? Or are the public market investors basically not buying it, saying come back when’ve got something that we can believe in? Are the VCs not interested in IPOs, do they just want quick flips? Or are the strategics snapping up IPO-worthy companies so that they are not letting enough companies go public? These were the questions that were discussed during another lively discussion. NetForum members were joined by two individuals who are in the heart of the IPO action, Jon Robson, CEO of NYSE Technologies, and Scott Cutler, EVP NYSE EuroNext and Head of its Global Listings Business.
We ended on a high note, on the NYSE floor just in time for the opening bell for the IPO of ING.