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July 2, 2007
VC-Backed IPOs Up, M&A Down
Interesting twin trends in the latest Dow Jones VentureOne data on the IPO market. On the one hand the just-completed second quarter of 2007 saw the highest amount raised by VC-backed IPOs since the third quarter of 2007; on the other hand, M&A exits touched their lowest quarterly total since 2003.Granted, the figures are somewhat skewed by the $862.5-million MetroPCS IPO, but it's still interesting stuff.
[via PR Newswire]
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interesting, but I called this some time ago:
Will IPOs replace M&A in 2007?
http://www.watchmojo.com/web/blog/?p=1333