Convio goes public!
Convio (CNVO) went public yesterday! The IPO did quite well considering the circumstances.
When assessing the two tech IPOs of the day, the second being a hardware manufacturer, an industry analyst said:
"You can keep selling the same (software) code over and over again. On the hardware side, that stuff is obsolete. By the time it is released, there is already something better in development," said Morningnotes.com founder Ben Holmes.
Convio was hoping to raise $56.5 million with this IPO. The good news for me is that I can now more easily follow Convio in the same way I follow Blackbaud. Unfortunately, the ...