Internet IPOs Debut in Record Number in First Half of 1999

Internet IPOs Debut in Record Number in First Half of 1999

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The first half of 1999 was a glorious time to be an Internet company going public. Strong investor demand, coupled with a flood of willing companies, led to a record 106 IPOs by Internet-related companies, raising $9.18 billion. This compares to 21 Internet-company IPOs in the first half of 1998 raising $951.1 million and 42 with proceeds of $1.96 billion in all of 1998. In the six months ended June 30, 1999, Internet-company IPOs accounted for roughly half of all U.S. initial public offerings.

Hale and Dorr's Internet and E-commerce Law Group has just published its review of Internet company IPOs in the first half of 1999. The review includes discussions of:
  • The number and nature of Internet companies going public, including monthly trends
  • Winners and losers in the aftermarket
  • Regional differences in Internet-company IPOs
  • The leading managing underwriters and law firms on Internet-company IPOs
  • An outlook for the balance of the year

Click here to read the article. If you have any questions about this article, feel free to contact its author David Westenberg at 617-526-6626 or [email protected] .

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