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Corporate

Apr. 3, 2015

IPO market off to slow start in first quarter, report says

Despite GoDaddy's highly watched public debut Wednesday, the number of private companies jumping into the public realm has dropped significantly this year compared first quarter 2014, according to a Renaissance Capital IPO analysis.


By Banks Albach


Daily Journal Staff Writer


On Wednesday, GoDaddy Inc. became just the fourth company in the technology industry to launch an initial public offering this year, a sign of the somewhat slower start that markets have gotten off to in the first quarter of the year compared to the same period in 2014, according to a report from IPO data tracker Renaissance Capital LLC.


Technology companies may seem more hesitant, experts said, partl...

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