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OpenTable will try to revive VC-backed IPOs

Started by Joelle, February 03, 2009, 09:00:30 PM

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Joelle

OpenTable will try to revive VC-backed IPOs
      



Venture capitalists wanting to take portfolio companies public have fallen on hard times. So they will be watching closely when online restaurant reservation service OpenTable, which filed for a small $40 million IPO last week, attempts to price its deal.
Last year only six companies backed by venture capitalists went public, according to Thomson Reuters data, [...]
         

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