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IPOs are hot again. Naturally, the press is focused on high-profile offerings like Facebook's. But, I think there is a more important group of companies going public: Smaller, less sexy Software-as-a-Service (SaaS) startups. Think of it as the Sexy IPOs versus the SaaS-y IPOs. They aren't household names, but the most recent SaaS IPOs (
Cornerstone,
Jive,
Brightcove and
Bazaarvoice) are doing better in the public markets, on average, than the Sexy IPOs of LinkedIn, Groupon and Zynga.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/3VqzGfLu-SU/
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