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I, Cringely - The Survival of the Nerdiest with Robert X. Cringely
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Predictions
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Status: [CLOSED]

Um, this prediction is kind of moronic. Let's state the obvious and come out at the end looking like some kind of psychic.

Sorry, but this prediction was already made when SOX was signed after Enron and WorldComm. It isn't that there are not any good ideas, but there are not enough good ideas that you can take public in the SOX era without a huge impact to the overall value of the business. Screw the IPO, VCs can still prospect and profit without having to go to the IPO option. Not a great option but profit is profit. It's just a matter of unwinding those positions which can prove to be difficult.

colson | May 05, 2007 | 2:09AM