TechCentralStation has an interesting essay on Google’s messy IPO process. It offers really good lessons for tech companies trying to do an IPO. Here are three points they are making:
First of all, there’s never a “good time” to go public. Moreover, tech companies — regardless of size or market clout — can not afford to turn their backs on Wall Street. Finally, tech stocks are no longer ‘story stocks.’ The experience of Google shows that investors are keeping their eyes on metrics like earnings, revenue, margins and market share.