Saturday, October 30, 2004

"Experts" Awry on Google's IPO Effects: "While correlation isn't causation, I'm inclined to believe that the success of the Google public offering has made it at least a little easier for a host of technology companies to do a late-2004 IPO. The experts strike out again -- and you can bet VCs and investment bankers are working overtime to get product into the launch chute."—Paul Kedrosky (UCSD)

The halo effect begins.