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 remain 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.
To read the full, original article click on this link: It’s High Time There Was A Tech IPO Market In London – Let’s Do This. | TechCrunch
