Internet Brands Cuts IPO Size/Price; Watch Out Web 2.0

Internet Brands, a roll-up of web sites in several vertical categories, has cut the size and price of its IPO, Reuters reports.  We suspect this is the result of general concerns about advertising weakness, especially on the display side. 

More broadly, we have been saying for some time that we believe a recession will radically dampen investor demand for Web 2.0 companies.  Sentiment in the public market will likely flow through to the private market, and easy money will likely soon be no more.  So raise it while you can…

See Also: Recession Watch

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In