Goldman says Internet is back, but with provisos
The market for Internet companies to go public is back, the managing director of Goldman Sachs high-tech group said on Sunday, but only with provisos and with private equity firms increasingly calling the shots.
Lawrence Calcano told a technology conference in Athens that U.S. Internet companies with strong online advertising business models were succeeding, but that the climate did not mean a return to the hype of the Internet bubble of 2000.
Just when you thought that there was little hope of Internet Companies going public again Goldman Sachs says otherwise…
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