December 20, 2007

IPO

NetSuite went public today. Read more about the NetSuite IPO here or here. According to Investopedia, "going public" means:
The process of selling shares that were formerly privately held to new investors for the first time. Otherwise known as an initial public offering (IPO). When a company "goes public," it is the first time the general public has the ability to buy shares.
Alas I did not sit and watch for ticker tape item "N" all day, which I suppose makes me a bad Silicon Valley life partner. David received a bag of "N" goodies, dated today, and he came home feeling his continued employment outlook is strong. The second of these was the better gift, I'd say. :)

1 comment:

Anonymous said...

Hurray for job security!