Things may seem dull here in the dog days of summer as August fizzles away, but it’s only temporary. Signs are solid for the technology industry and the venture investment sector going forward. First, check out this post by Keith Benjamin, saying he thinks the current credit crunch will actually help the venture industry. And he reiterates his positive feelings in an op-ed piece on VentureBeat, saying technology stocks are “swinging back into favor.”
VMware’s IPO, which priced August 13, has become the latest symbol. It’s even been called “the Google of Virtualization,” as this piece from CNBC states. VMW offered its shares at $29, and they proceeded to rocket to $50 on the first day of trading — thus becoming the most successful IPO since Google. The shares are now trading around $70. For more detail on the VWware story, see this overview on Renaissance Capital’s IPOHome.com. 
Now, fast forward ten days and check out this AP story from August 24th: Tech Revival Predicted in IPO Market. It talks about what more is now coming in the way of tech IPOs, including NetSuite, EqualLogic, 3Par, and our own Minneapolis-based Compellent.
Look for a very upbeat fall if you’re a tech investor or a participant in the technology venture industry.
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