Jeff Cornwall, over at The Entrepreneurial Mind, has a series of posts noting that venture capitalists are flush with cash and that angel investing activity is up. (And all the more reason taxpayer money shouldn’t be used for venture capital, as per my previous post.)
At the same time, IPOs are down due to the burdensome compliance requirements placed on public companies under the Sarbanes-Oxley law. The preferred exit strategy for investors likely will be acquisitions instead of public offerings in the stock market.
All of which suggests boom times ahead for mergers and acquisitions (M&A) professionals, deal attorneys, tax advisors, and other professionals who help divest and acquire businesses.