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IPO market is leading indicator for M&A
Foundation Capital’s Charles Moldow says buyers still have their claws in There are a few positive signs that mergers and acquisitions are on the upswing. Intuit bought Mint for $170 million recently. Facebook bought FriendFeed for $50 million and Yahoo bought Xoopit for $20 million. But while buyers may be open to stock transactions, it'll be another six months before the M&A market rebounds to more healthy levels of activity, according to Charles Moldow, General Partner, Foundation Capital. And, the prices on acquisitions will depend largely on whether public market investors have any appetite for IPOs, Charles said. "The biggest challenge is that the buyers know that there aren’t a lot of alternatives," said Charles. Until the IPO market comes back, the lack of alternatives will keep a lid on activity ...   [ Read more ]
Video Length: 0
Date Found: September 30, 2009
Date Produced: September 30, 2009
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