eHarmony; IPO Outlook Hot For 2005
Wednesday, 5. January 2005 - 4:46 am
THE DEAL — Dec 30 — Internet companies pursuing initial public
offerings in 2005 can expect a reinvigorated IPO market bolstered by
strong investor interest. "The IPO market came alive late in 2004, and
these things usually don't flame out quickly," said Tom Taulli of CurrentOfferings.com.
"I expect we'll see more filings and more late-stage Financing of
companies, which typically leads to an IPO." Online personals site eHarmony.com closed a $110 million financing round in December that could be a precursor to a public offering. THE DEAL
Mark Brooks: Matchnet (AmericanSingles.com) is also primed for an IPO.