Follow Us
Hopefully AshleyMadison’s investors are more faithful than its users.
Avid Life Media, the parent company of the infamous dating website for cheating spouses, confirmed on Wednesday that it intends to go public in London later this year, with plans to raise up to $200 million
The Canadian company had previously looked to go public on the Toronto Stock Exchange in 2011, but reportedly scuttled those plans after a "cool response" from investors
Now, apparently, investors are warming up to Ashley Madison.
"Technology has become hot again and...we are one of the hottest dot com companies on the planet, I hear investor after investor say, 'I'd love to have been a part of it.' Well you know, the ride isn't over yet," Noel Biderman, founder and CEO of Ashley Madison, said in an interview about the planned IPO with Canada's Business News Network.
"Our best days are still in front of us. I think that's why the appetite has resurfaced." Read more...
More about Business and Ashley Madison
0 comments:
Post a Comment