February 08, 2006
Vonage joins the big boys
Posted by: Thatedeguy : Category: SGB News
Vonage filed with the SEC for a Initial Public Offering today. Estimated at $250 million. Mark Evans has some interesting comments on it all. I agree with him. It is about time.
While I think it was smart of them to wait as long as they did, which by the way is why I don’t think we are seeing a bubble just yet, I have been impatiently waiting to see what a Vonage IPO would be valued at. Probably a little lighter than I would have imagined, but stil not bad. Mark points out that they even mention that they want to use some of the proceeds for purchases. Maybe a little streamlining of the VOIP market is in order. Should be fun to watch.
Tweet This
