After the Google
Why the change? You can point to the powerful trends in technology, such as the surge in online advertising, globalization, and online video. And there are the new disruptive technologies gaining traction, such as on-demand software, Web 2.0, networking innovations, and even advances in semiconductors.
I also think the dot-com nuclear winter has been a big help. Many of the CEOs I have talked to stress that they want to build sustainable businesses that are profitable. For them, IPOs aren't about getting a quick flip.
Just this week, we've seen a variety of solid companies launch their IPOs, and investors are buying up the shares. Take a look at comScore
Another standout offering was from Data Domain
Keep in mind that tech IPOs are risky and often attract lots of competition. That's inevitable. But the IPO market is where you have the possibility of finding the next Microsoft
- comScore Busts a Move
- Data Domain Crushes the Tape
- Foolish Book Review: "Finding the Next Starbucks"
Interested in new companies leading the charge with cutting-edge ideas? Try out David Gardner's Rule Breakers newsletter service free for 30 days.
Microsoft is a Motley Fool Inside Value recommendation.
Fool contributor Tom Taulli, author of The Complete M&A Handbook, does not own shares mentioned in this article. He is currently ranked 1,831 out of more than 31,000 rated investors in Motley Fool CAPS.