Wednesday, June 8, 2011

NewMediaJournal: US Start-Ups in Need of Capital Fleeing to Foreign Investors

NewMediaJournal: US Start-Ups in Need of Capital Fleeing to Foreign Investors: "Nearly one in 10 American companies that went public last year did so outside the United States. Besides Australia, they turned to stock markets in Britain, Taiwan, South Korea and Canada, according to data from the consulting firm Grant Thornton and Dealogic.

The 10 companies that went public abroad in 2010 — and 75 from 2000 to 2009 — compares with only two United States companies choosing foreign exchanges from 1991 to 1999.

The trend reflects a decidedly global outlook toward stocks, just as the number of public companies in the United States is shrinking."

See original work for more on this and other stories.

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