How about some combination of Revenue + Profitability?
Revenue alone doesn't help, I think Facebook crossed $300 MM but was not profitable at that point in time.
Current IPO's target revenue in the range of $50 MM (I think), pre-bubble IPO's required 4 straight quarters of revenue growth (something like that), this is a moving dynamic.
For what it's worth, my understanding is that the target these days (especially thanks to the costs of Sarbanes-Oxley compliance) is closer to $100 MM in revenue to even think about an IPO.
Comments
How about some combination of Revenue + Profitability?
Revenue alone doesn't help, I think Facebook crossed $300 MM but was not profitable at that point in time.
Current IPO's target revenue in the range of $50 MM (I think), pre-bubble IPO's required 4 straight quarters of revenue growth (something like that), this is a moving dynamic.
For what it's worth, my understanding is that the target these days (especially thanks to the costs of Sarbanes-Oxley compliance) is closer to $100 MM in revenue to even think about an IPO.