Yelp CEO Jeremy Stoppelman will be on “Squawk on the Street” at 9:50 a.m. ET; I’ll be speaking with the NYSE’s head of listings, Scott Cutler, at 10:20 a.m. ET on the future of tech IPOs. There are 200 IPOs in the pipeline now! What will get them out to the public?
That’s easy: have something to do with cloud computing . Of the six tech IPOs this year, four have been cloud computing players, and all are doing well:
We’ll see how well players outside this space can do.
1) The European Central Bank’s Mario Draghi, at a dinner last night, made it clear that there would not be more injections of cheap cash into Europe any time in the near future.
2) Rajoy to the European Union: drop dead. Spanish Prime Minister Mariano Rajoy bluntly told the EU the country would not make the agreed-upon target of 4.4 percent deficit-to-gross domestic product, and would instead come in at 5.8 percent in 2012. Expect other countries, like Ireland, to miss targets, as well.Page 2 of 4 | Prev Page | Next Page