Critical Path IPO Story
from the yet-another-follow-the-IPO-story dept
It seems to be the popular thing to do a "follow the IPO" story these days. There have been plenty, and Red Herring attempts their version by following around Critical Path during their offering process. I don't think the story is as interesting as other ones, though it certainly is worth reading. I think some of the problems I have with the article come from the author, who I'm not sure has any clue what is happening. He seems to talk about things that are "out of the ordinary" such as raising $40 million dollars from VCs and going public without profits as if that's some big new paradigm. Hey, it's been happening for a few years now. We know about it...
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