I recently talked to Cameron Lester, who is a venture capitalist at Azure Capital. His firm has backed breakout companies like VMware (NYSE:VMW) and Bill Me Later, which was sold to eBay (NASDAQ:EBAY). Cameron also was an early investor in Salesforce.com (NYSE:CRM).
For the most part, we talked about his portfolio companies, especially Zend (provides cloud technologies) and Twitvid (allows for sharing of videos on Twitter). But I also snuck in a couple questions about the IPO market.
For the most part, he does not expect to see a flood of IPOs hit the market, at least over the next year. As should be no surprise, he thinks serious macroeconomic issues will continue to make things difficult for companies to come public. Read