Vonage IPO still making news, a sound business does matter...
Well, since our last posting, it's been affirmed that the Internet bubble did burst a few years ago and that a sound, long-term business plan does matter.A few articles that I read during the past few days echo my earlier points and build some credible resources supporting the premise (smile):
- Reuters - Vonage debut shows IPOs need profitable outlook
- TheBusinessOnline - Vonage and MasterCard fall foul of slack IPO market
Despite this, I missed the biggest story of all... even if a business requires a sound plan and management, those without one can still net a market cap of some $2.5B :-)
In closing, I promise that my next entry will be about something other than Vonage:-)
Your thoughts?
Mark
1 Comments:
I'm seeing a lot of hits but can't see domains. Even if I could, they could be searching blogs from home or elsewhere.
Gotta tell you, the irony that I post information and then shazam, a day or two later, another publication is taking the same spin... well, it's just a little more than ironic:-)
Thanks for the follow up!
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