What drives the market for IPOs? Why is it so volatile?
If you were an entrepreneur in a "hot" market, would you invest the substantial amount of time, energy, and other resources necessary to try and go public before the bubble bursts? Or would you prefer to utilize those resources to build your business and create value for customers?
Are the entrepreneurs and venture capitalists who raced to take companies public before the IPO market burst responsible for the downturn in the IPO market?
Have all dot-coms been unfairly grouped together? Are there some types of dot-coms that are still valued by the IPO market?
