 Online Learning Update Ray Schroeder, editor, COLRS - Online@Illinois SpringfieldOnline Learning Update - a blog published daily since 2001 by Ray Schroeder, Professor Emeritus, University of Illinois at Springfield |
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Tuesday, April 13, 2004
Blackboard Decides to See if Market Is Ready for IPOs Again - Ellen McCarthy, Bizreport
During its short, seven year existence, Blackboard Inc. has winked and nodded at speculation that it would attempt to become publicly traded company until last month, when the online learning software maker filed to raise up to $75 million in an initial stock offering. The reception Blackboard receives could be a harbinger for start-up companies and their financial backers, who have waited four years for a chance to tap the public markets. If Blackboard stock can make a respectable showing at its IPO and in the months following, other local tech firms may be more inclined to test the waters; if it falters, the dry spell may continue.
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