Buy.com Postpones IPO Due to (Ahem) Market Conditions

Posted by: Rob Hof on December 21, 2005

I wasn’t the only one to wonder why investors would buy into the IPO of a money-losing company that’s growing more slowly than its e-commerce peers. My colleague Tim Mullaney also recently noted that Buy.com may not be a buy at all. Now, after first lowering the price of the offering, the company has postponed it entirely. “Market conditions,” you know? Maybe investors are just smarter than they sometimes look.

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Bloomberg Businessweek writers Peter Burrows, Cliff Edwards, Olga Kharif, Aaron Ricadela, and Douglas MacMillan, dig behind the headlines to analyze what’s really happening throughout the world of technology. Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.

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