Ryan Jacob
Ryan Jacob
flow news quite
The news flow (from companies) is still quite negative.
biggest change companies five late obviously past reasonably starting
The biggest change in the past five years is that you can find very reasonably priced companies and most are making money. That's obviously a big change from the late 90's when these companies were just starting out.
blue chip companies deal level market size
The IPO market right now is very weak. However, when you have a deal this size and this level of recognition, a blue chip company, generally, companies like this can supersede market conditions.
amount coming deals early fair market relatively
This is more of a seasonal-type occurrence, and right now, we can look at the pipeline, which is relatively full, and have an idea that there will be a fair amount of deals coming to the market especially early in February.
deserves million near nowhere track
If you look at (Egghead.com and Software.net) as comparables, there's no way Software.net deserves their valuation. To me, Egghead.com is really compelling. They are on track to do $150-200 million in revenues this year; Software.net is nowhere near that.
growth high higher internet modestly paying
For many of the Internet leaders, you're paying a high valuation with only modestly higher growth prospects.
expecting people positive
It was a very positive sign. I think a lot of people were expecting a little sell-off.
acquired companies continue customers growing impressive issues last looking number page people percent post
Everyone's expecting, and should expect, that these companies will continue to post very impressive gains. A lot of these companies are still growing 30-50 percent per quarter. There will be other issues that people will be looking at. With Yahoo!, it may not be just revenues, it may be page views. With an Amazon, it may not just be revenues, it may be number of new customers they've acquired over the last quarter.