The global IPO market started 2012 with a strong pipeline and did not disappoint, with 30 technology companies completing IPOs (of greater than $40M). This represents an increase 0f 43% from both Q4 2011 and Q1 2011.
Social and internet companies delivered high valuations, a result of a high level of global buzz for social networking and internet advertising companies. In contrast, valuations for most other tech companies remained rather soft as evidenced by overall proceeds up 12% from Q1 2011, but down 46% from Q4 2012.
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