3x Median price/sales 5 0x 3 There's one area showing clear signs of rising investor 1980 1984 1988 1992 1996 2000 2004 2008 2012 risk appetite: the falling percentage of tech IPOs that are profitable at issuance. In the last couple of Source: "Initial Public Offerings: Technology Stock ...
VerDate 25-SEP-99 14:02 Sep 29, 1999 Jkt 183247 PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 E:\FR\FM\A30SE3.030 pfrm03 PsN: 30SEN1Federal Register..