05 May
Digital Globe Files for IPO
Although we’re not known to report on every SEC filing in the known universe, the recent news that Digital Global filed for an IPO (the first in many steps before they go public) is interesting on a couple levels:
- It’s been a while since a Colorado technology company went public, so this is another indicator of a thriving entrepreneurial economy in the state, counter to the national trend toward recession, and a depressing outlook for Silicon Valley VC investing.
- It’s a good indicator of the value of location-based services, which includes friends at local companies including Virtual Earth and AWhere. Read more about what these local leaders are thinking about.
What do you think about their prospects? Would you go public today?
