this is good news, i think. not that AFF, is a great business, but simply adding to the IPO count will help others do the same.
i am still of the opinion that a majority of the funds in the hedge markets had cash conserved during the down turn. if this goes well, then it will show that there is money out there.
on another note, in down times, entertainment seems to do better and this might be the only time that an adult website could grab the attention of investors.
The problem is if it crashes and burns, it turns into some sort of referendum on how IPOs are "doomed" in this economy and possibly also for quite some time in the future. I'd rather see a better company and one that doesn't carry a stigma (rightfully or wrongfully) that could prevent wide public investment be that bellwether.
Unfortunately those companies are probably staying away from even thinking IPO at this time.
i am still of the opinion that a majority of the funds in the hedge markets had cash conserved during the down turn. if this goes well, then it will show that there is money out there.
on another note, in down times, entertainment seems to do better and this might be the only time that an adult website could grab the attention of investors.