Welcome back to Baby Breakerdom! This week's quest to find budding Rule Breakers reveals investors tuning into the boob tube and tuning out public offerings.
First up this week is one of my all-time favorite websites, YouTube. I'm not the only fan, either. It attracted millions when it became one of the first sites to show the wildly popular Saturday Night Live short "Lazy Sunday." And the original pitch for the iPod Flea remains among YouTube's collection of 35 million videos.
The popularity of homegrown video has attracted big names in digital content, including both Google
Being the cool kid helps with business, too. For example, Viacom's
Once again, there were no Baby Breaker public offerings, which leads to our next news brief: IPOs are collecting less far less than they have in recent years. Indeed, according to data from Dow Jones VentureOne, the median take from venture-backed public offerings was just $33.75 million in Q1, the lowest total since 1999. That doesn't bode well for the market for new Rule Breaking issues. Nevertheless, we'll remain steadfast in our search.
That's all for now. See you back here next Friday, when we continue the quest to find the next ultimate growth stock.
For more Rule Breaking Foolishness:
- Check in with last week's infants.
- The Fool suing the Feds? Uh, not really, no.
- Want to win? Start knocking down threes.
- Maybe it's time you ditched your land line, Fool.
Netflix. Marvel. AOL. Starbucks. Find out how David Gardner landed these and other multibaggers by taking a test drive of Motley Fool Rule Breakers today. You'll also learn why our analysts are smashing the market by nearly 25% as of this writing. All you have to lose is the prospect ofbetter returns.
Microsoft is a Motley Fool Inside Value recommendation.
Fool contributor Tim Beyers never did get to see The Chronicles of Narnia. Tim didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what is in his portfolio by checking Tim's Foolprofile. The Motley Fool has an ironcladdisclosure policy.