IPOs in Q1 2007 Best First Quarter in Seven Years

By Paul Kedrosky · May 19, 2007 · ·

The first quarter of 2007 was the best first quarter in seven years, so my “Return of the IPO” thesis looks ever better. 

    Q1 IPOs by Industry          2007                 2006                               # IPOs       Value     # IPOs    Value    Financial services             23     5,152.6       7       753.0    Technology/infocom             12     2,423.9       8     1,562.6    Healthcare                     10       903.1       9       777.2    Energy                          7     1,268.3       8     3,789.5    Business services               5     1,102.6       7       526.6    Other                           3       653.4       0         0.0    Industrials                     2       278.5       6       915.7    Transport                       1       252.6       4     1,743.8    Consumer                        1       100.0       5     1,573.8    Total                          64    12,135.0      54    11,642.2

More on this when I get a moment, but you can read the original PWC press release here.

Related posts:

  1. Venture-Backed IPOs on the Upswing
  2. NASDAQ Bangs the IPO Drum
  3. The Outlook for Venture-Backed IPOs
  4. Catching Up: Niall Ferguson, VC Investing, & Nasdaq IPOs
  5. Update: Tech IPO Boomlet in 2007

Comments

  1. Babak says:
    May 20, 2007 at 10:52 am

    Paul, what is your “Return of the IPO” thesis?

  2. Paul Kedrosky says:
    May 20, 2007 at 1:19 pm

    Predicted in late 2006 that 2007 would be the best year for IPOs since the bubble. Also said Fortune, Forbes, or BusinessWeek will run a cover saying approximately same before year is out. Generally recc-ed buying any decent IPO offerings, as after-market performance will be solid, on top of first-day pop.