Traffic.com is set to give its IPO. Its shares were sold through a dutch auction in the same fashion Google’s was 17 months ago. This is all beside the point of this post.
Traffic.com has not shown a profit in its existence since 1998. Also it has publicly stated that although it is trying to raise money by selling shares it will continue to lose money for the next couple years. Now this does not mean that a bubble is starting nor does it add to the speculation. But it should be added to your notes as you track round two. I would tag it as bubbilicious.
Traffic.com’s stock rises in trading debut
the bubbilicious series:
get in line for the next bubble, before it bursts | read | july 2005
more bubble talk | read | january 2006
gym = new vc’s | read | january 2006
bubbilicious | read | january 2006
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