It’s High Time There Was A Tech IPO Market In London – Let’s Do This.

The recent results of Zygna, Groupon, and even the mighty Facebook on the public markets in the U.S. have served to highlight a couple of major issues for European startups. One is a little jealously: there remains few viable IPO markets in Europe for tech stocks, hence why you see so many moving to the US - usually Nasdaq - when they get big, as happened with Yandex and Qlik Technologies. The second is annoyance: many solid European tech companies are now at a point where they have solid, revenue generating businesses, built on a lot more than hype and user numbers alone. And in the last year we've seen these companies start to look for ways to break-out. For example, there are rumours that both the incredibly successful Wonga and King.com are considering floating on New York’s Nasdaq exchange, while Mind Candy is also alleged to be considering a float for its Moshi Monsters game. And the latest symptoms of this is another rallying cry by entrepreneurs and VCs for a tech IPO market in London, the natural home for European startups to float in a global setting.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/TUB0rWASW60/

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