With no IPO market, companies seek private investors | Deals | Reuters

With no IPO market, companies seek private investors | Deals | Reuters:

"Companies wanting to go public are opting for private placements to tide them over until they are mature enough to launch, DeFrawi, who heads InsideVenture, said in an interview. InsideVenture is a service that will begin matching investors with later-stage pre-IPO companies this winter.

On Tuesday, InsideVenture announced it has begun recruiting qualified institutional buyers, or QIBs, to be members.

'Everything will have to be done privately for the time being because the market is dead,' DeFrawi said. The U.S. IPO market has not seen a deal launch since early August, the longest such stretch in decades"

this week in class we will be discussing IPOs and SEOs so this is background reading for the class.