Check out the Nasdaq — steady she goes
Here is a chart showing the Nasdaq stock market over the past five years.
This apparent recovery is relevant for start-ups, because the Nasdaq is the place of choice for most private technology companies planning an initial public offering. When the Nasdaq is weak, there are few IPOs. When it is strong, there are more. With the all hand-wringing going on about how increased regulations under Sarbanes-Oxley has hampered the IPO market, this is at least one favorable sign.
Let’s hold our breath until Tuesday, when Yahoo and Intel report quarterly earnings on Tuesday, followed by news from eBay, Google and Apple later on.
Here’s summary by Merc today.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
