NEWS
Staying Private Instead of Rushing into an IPO
by Bronwyn Fryer Roger Greene, the president, CEO, and founder of Ipswitch, a nine-year-old company in Boston that makes Internet network-management software, wears the shadow of an “I told you so” smile these days. While publicly traded companies such as Dr.Koop.com and Pets.com are writhing under single-digit stock prices, Greene’s very private company has snubbed … Continue reading Staying Private Instead of Rushing into an IPO
Need Cash to Expand? Call Private-Equity Investors
by Galen Gruman For many small companies outside the high-tech sector, the dot-com IPO boom has dashed hopes of going public. “It’s the backhand of the dot-com craze: Investors have abandoned brick and mortar for brick and click,” says Paul L. Schaye, managing director of New York City’s Chestnut Hill Partners, a five-year-old M&A advisory … Continue reading Need Cash to Expand? Call Private-Equity Investors