Monday, October 13, 2014

Sunday Globe Special: IPO Abracadabra

I'm going to make it disappear very soon:

"Two IPOs, $444 million raised, historic week for Wayfair, HubSpot, Greater Boston tech scene" by Dennis Keohane, Globe Staff  |  October 12 2014

Eight days of exhausting, cross-country travel. Four newly-made multi-millionaires. Two local companies. It was a momentous week for Greater Boston’s tech startup world.

For a region determined to show the heavyweights in Silicon Valley and New York that this is a technology force to be reckoned with, having the executives of Wayfair and HubSpot ring the New York Stock Exchange bell one week apart, signaling that their companies were now publicly traded, was no small achievement.

The two companies raised a combined $444 million in their final, frenzied pushes, earning their cofounders and top executives fortunes and affirming their decisions to stay where they had started.

It was a dizzying journey right up to the final hours.

On Wednesday, Oct. 1, Niraj Shah and Steve Conine, the cofounders of Wayfair, the Boston-born online furniture retailer, woke up in Chicago for one last pitch to investors....

 --more--" 

Yeah, gotta pump up that stock market.

RelatedHot HubSpot For IPOs

I'm going to let go of the anger as well as the in$ide ba$eball today. Sorry. 

UPDATE: Dow Jones down 223