Subject: RE: IPO Downside? From: Steven Bonisteel Date: Sun, 19 Jul 1998 00:59:53 -0400
How the Web Was Won
Subject: RE: IPO Downside? From: Steven Bonisteel Date: Sun, 19 Jul 1998 00:59:53 -0400
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>> Suzanne Lainson  wrote:

>Even if most of these companies fold, their founders should come out
ahead.
>They just have to sell a portion of their shares before a collapse
and then
>it's on to a new company or retirement.


I'm not exactly sure what you're getting at, but it seems as though
you're suggesting that all one has to do is start up a company and
issue an IPO. It's not *that* simple. Of all the Net-related new
businesses started up in the half-dozen years, only a *tiny*
percentage have reached the IPO stage.

In the whole Net-enterprise game, there are still many more losers
than winners -- a rule of thumb that works just as well for the Net
as it does for, say, start-up restaurants.

Regards,
SRB




 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
 Steven Bonisteel                                      P. 613.531.4764
 Kingston, ON                                          F. 613.545.9148 
 steveb@typecast.com




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