• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 8. Building to Flip > Rushing to an IPO

Rushing to an IPO

Venture firms played a crucial role in the bubble. In the past, they had served to winnow out aspiring entrepreneurs who had little experience and uncertain business models. The traditional venture rules for making an investment were tough.

The venture firm expected that it would take five to seven years for a start-up to be ready for an IPO, if things went well. Many investments were expected to fail, but one or two big winners would be sufficient to generate a healthy return. Thus the venture capitalist was not a patient investor so much as a realistic one.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint