Comments on: Is the IPO Window Opening Up Again? A123 Systems Files

By: Article Alley

Article Alley — Sun, 17 Aug 2008 17:08:52 +0000

I think the IPO market will be pretty dead for the rest of 2008 and most of 2009, the doom and gloom won’t last forever economies follow cycles, unfortunately this particularly one is like the 1930’s.

I am confident that things will return to normal by 2010.

By: It’s Official, A123 Systems Files for IPO | CleanBeta

It’s Official, A123 Systems Files for IPO | CleanBeta — Tue, 12 Aug 2008 18:37:19 +0000

[...] an all-star in cleantech circles and will likely attract a good deal of speculative investment. TechCrunch puts it this way: “If you believe in a future of electric-powered vehicles, it is one way to [...]

By: Alex

Alex — Sun, 10 Aug 2008 01:26:16 +0000

This article is a perfect reason why we shouldn’t read on the news as a source of predictions and trend ‘analysis’.

@scarabic, agreed, so ridiculous to make a broad statement about ‘trends’ here. Big deal, two or three companies file for an IPO. Really, this is just a carefully printed, albeit ludicrous, press release for A123.

By: Mike Volpe

Mike Volpe — Sat, 09 Aug 2008 14:26:38 +0000

A123 is a good company and a great story. They also have some great people there.

What is shocking though, is not that they are losing money, but that their gross margin is negative. They are actuallly losing more money with each additional sale. Shocking!

Usually early stage companies lose money because sales, marketing, and administrative staff is built up ahead of the company. But for a company that sells hardware like this, you woulod expect the gross margin to be positive…. especially at $9m quarterly revenue. I am sure their story will be that they can lower unit costs when they expand volume… but shouldn;t they have some gross profit at $9m/qtr revenue?

By: James Kuoski

James Kuoski — Sat, 09 Aug 2008 14:05:19 +0000

I always hope that new energy sources can catch up and relieve us from pollution. Too bad that it’s not going to happen — gas price is plummeting that will wipe out those teams doing research in such an area. Then, we are at the beginning of anther circle…

A123 is apparently one of them.

James Kuoski
http://ulimits.com

By: Bob

Bob — Sat, 09 Aug 2008 13:03:46 +0000

The A123 tech guys at a recent nano conference were talking about some new technology they are buying or licensing – possibly from a west coast startup. Any word on what this might be?

By: VPXL

VPXL — Sat, 09 Aug 2008 12:38:32 +0000

A123’s main competitors would be the Asian battery manufacturing giants such as Panasonic and Sanyo.

By: Marco Almondine

Marco Almondine — Fri, 08 Aug 2008 20:56:03 +0000

Tesla Motors does not make batteries (cells), they make battery packs and could be a huge customer for A123, not a competitor. A123’s main competitors would be the Asian battery manufacturing giants such as Panasonic and Sanyo.

By: TechCrunch Japanese アーカイブ » IPOの扉がまた開く？次世代バッテリー「A123 Systems」もIPO申請

TechCrunch Japanese アーカイブ » IPOの扉がまた開く？次世代バッテリー「A123 Systems」もIPO申請 — Fri, 08 Aug 2008 20:37:05 +0000

[...] [原文へ] [...]

By: scarabic

scarabic — Fri, 08 Aug 2008 20:09:34 +0000

I would wait for more than 2 data points before declaring a trend.

By: jon

jon — Fri, 08 Aug 2008 20:04:16 +0000

congrats to the A123 system guys!!!

By: Bostonguy

Bostonguy — Fri, 08 Aug 2008 19:12:56 +0000

I’d be interested to know what NOBS and others are referring to when they’ve heard that “A123 has some major technology issues…” (They very well might – I have no idea – but I’d like to know and would appreciate a source instead of rumor)

Also, samy, GM has yet to name a supplier for the Volt. A123 is still in the running, but no decision has yet to be officially made (www.gm-volt.com)

By: samy

samy — Fri, 08 Aug 2008 18:58:11 +0000

this is the company providing the battery for the chevy volt plugin electric hybrid.

By: NOBS

NOBS — Fri, 08 Aug 2008 18:21:56 +0000

I have heard that a123 has some major technology issues.. they might have had them resolved recently… if not I just see that as a way to cash out for the investors before that mess hits the fan.. just my personal opinion..

By: chris

chris — Fri, 08 Aug 2008 18:18:25 +0000

eh…i was getting tired of this bubble anyway. let us destroy and rebuild!

By: User123

User123 — Fri, 08 Aug 2008 18:11:38 +0000

Actually, I reported on the Rackspace IPO last month. I just reported on XDrive not being bought by Box.net as well.

“This company looks like it’s in deep.”

Just look at those parenthesis!!!

If you wanna see the AOL/Time Warner story or the Rackspace story we got ahead of TechCrunch last month, read below.
http://xrl.us/X...NotSoldToBoxNet

By: techdude

techdude — Fri, 08 Aug 2008 17:56:26 +0000

This company looks like it’s in deep.
http://blabtech.blogspot.com

By: Harvey

Harvey — Fri, 08 Aug 2008 17:51:14 +0000

Mid August makes for classic market bottoms, so I bet there will be a lot a companies dusting off their IPO plans (as soon as they get back from vacation).

There have been one fifth the number of IPO’s so far in 2008 as compared to the same period in 2008.

By: Curtis

Curtis — Fri, 08 Aug 2008 17:23:03 +0000

No. Desperate VC’s and other equity investors looking for an exit. The capital markets will get worse before they get any better as we have yet to see the bottom due to the credit crisis.