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Last week
marked the demise of yet another symbol of the late
'90s. IPO.com shut down after six years of
chronicling initial public offerings.
When the
company began tracking IPOs in 1997, 616 companies went
public, raising almost $45 billion. So far this
year we have seen only 7 IPOs, with capital raised only
$743 million.
So, where
are companies getting their growth capital if not from
the public markets? More and more businesses are
relying on alternatives like asset-based financing,
receivables financing, private offerings, real estate
loans and other creative approaches to raising capital.
Also, more
companies are using creative approaches to gaining
market share, such as joint marketing ventures,
strategic alliances, and the use of technology to
leverage marketing dollars. Stay tuned to the
Digest as we analyze new solutions to traditional
business challenges. |