Quoted: Quoted: The liquidity drought for venture-backed startups, which was already declared to be a crisis in the second quarter when not a single VC-backed IPO went out, continued in the third quarter.
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For the first three quarters of the year combined, IPOs brought in only $470 million and M&A activity totaled $11.3 billion, a steep decline from prior years (see chart). Don’t expect the situation to get better any time soon.

Quoted: LinkedIn CEO Dan Nye did not rule out the possibility of an IPO; actually, he called it “likely”. “We are committed to building a company that changes the world, and we believe that we can do that best independently. We have a great advantage because we are profitable, and so we can fund our own growth.” - Dan said, adding that they’re looking at 300 percent growth in 2007.