The Vonage IPO

After much debate Vonage is going public. It will raise $250M initially which pales when compared to the nearly 700M raised as a private company. I beleive that lost nearly $175M last year (I have not confirmed this yet), not exactly the performance potential stockholders would get excited about.

Nonetheless I wish them the best, they continue to educate the public on VoIP and that’s a good thing.

Tom and Andy have some great comments.