Comments on: Rackspace Tests The IPO Waters Today; Settles For Half The Price It Was Hoping For

By: No Exits. Liquidity Dries Up Even More For VC-Backed Startups In Third Quarter

No Exits. Liquidity Dries Up Even More For VC-Backed Startups In Third Quarter — Thu, 02 Oct 2008 15:32:16 +0000

[...] years (see chart). Although there was one IPO in the third quarter, RackSpace, which brought in $187.5 million, that was less than half of what the company expectd to raise when it initially filed. In the third [...]

By: Dave C

Dave C — Mon, 11 Aug 2008 20:33:09 +0000

Kudos for correctly using “champing” (rather than chomping).

By: Kelli

Kelli — Mon, 11 Aug 2008 18:27:10 +0000

I like rackspace…as a client they’ve always gone out of their way to make me happy.

I hope this works out for them.

By: dudeimgetting

dudeimgetting — Sun, 10 Aug 2008 00:45:53 +0000

Isn’t Rackspace just a hosting and management company? I know Rackspace is well thought of but these companies are a dime a dozen. I would stay away from this stock for a while.

By: haboota

haboota — Sat, 09 Aug 2008 23:23:15 +0000

I am not sure you can call it a dying market when they are seeing 60% growth year over year…

By: James Kuoski

James Kuoski — Sat, 09 Aug 2008 13:58:24 +0000

Dedicated hosting is a dying market, which is being challenged by both VPS from the low end and cloud computing from the high end. Although Rackspace has Mosso, I doubt its odds of success against Amazon and Google.

James Kuoski
http://ulimits.com

By: Is the IPO Window Opening Up Again? A123 Systems Files · ordaso.com

Is the IPO Window Opening Up Again? A123 Systems Files · ordaso.com — Sat, 09 Aug 2008 09:08:35 +0000

[...] itching to IPO are braving the markets again. This morning, Rackspace had its IPO, and today nanotech battery company A123 Systems filed its IPO registration document (an S-1) with [...]

By: Victor Shamanovsky

Victor Shamanovsky — Sat, 09 Aug 2008 03:03:58 +0000

$9.90 … in AH.

Maybe a good bargain once they pull the rug from under the current bag holders and drop it to $5-7 range.

And the news rolls in:
“IPO Tanks”, “Latest to struggle”…

By: Is the IPO Window Opening Up Again? A123 Systems Files | Trinitude Network

Is the IPO Window Opening Up Again? A123 Systems Files | Trinitude Network — Sat, 09 Aug 2008 02:09:47 +0000

[...] itching to IPO are braving the markets again. This morning, Rackspace had its IPO, and today nanotech battery company A123 Systems filed its IPO registration document (an S-1) with [...]

By: Vijay Goel, M.D.

Vijay Goel, M.D. — Sat, 09 Aug 2008 01:49:36 +0000

Interesting timing. I’m wondering if they also felt pressure from smaller on-demand hosting approaches that may not be quite ready for primetime but certainly could be disruptive to the Rackspace brand (current virtual and cloud solutions are running through the Mosso brand today but don’t have the same differentiation). The pressure of Amazon and others promoting the cloud may have them thinking they need to have the dollars to architect on-demand hosting before Amazon and Google leave them on the sidelines

By: saneyuki

saneyuki — Sat, 09 Aug 2008 01:07:56 +0000

yeah…

rackspace is cool.

but what the heck does “”platforms nascent in the grand scheme of things but growing “” mean

..sounds like you used a google translator…

“…probably now or never…” shouldn’t be a motivating reason to move a large corporation..

But whatever…

…it doesnt really matter…

… beh…

By: Jason M. Lemkin

Jason M. Lemkin — Fri, 08 Aug 2008 22:46:47 +0000

Rackspace is a great provider and timing is right for them. With platforms nascent in the grand scheme of things but growing (where Rackspace has an offering, but also faces competition), it’s probably now or never. They need to may hay while the sun shines before the platforms start cutting away at their core. They’ve done great stuff for us and congrats to them.

By: Seeking Alpha : Are IPOs Heating Up? A123 Files.

Seeking Alpha : Are IPOs Heating Up? A123 Files. — Fri, 08 Aug 2008 21:41:19 +0000

[...] Erick Schonfeld submits: Companies itching to IPO are braving the markets again. This morning, Rackspace had its IPO (RAX) and today nanotech battery company A123 Systems filed its IPO registration document [an S-1] [...]

By: might be $5 a share this year

might be $5 a share this year — Fri, 08 Aug 2008 20:33:15 +0000

LOL it went NOT well!!

By: saneyuki

saneyuki — Fri, 08 Aug 2008 19:39:44 +0000

i really dont understand the point of RackSpace to do this..

… no one really cares about web hosting…

lets face it; it aint a sexy industry.

… if you look at the history of similar stocks – it doesnt really seem worth it.

Akamai is the only thing that looks interesting (and maybe limewire) – heh, and its not even in the same industry(sorta-kinda).

i really do question the wisdom in this move; in this climate.

better now than never i suppose.

By: Transcripts : Are IPOs Heating Up? A123 Files.

Transcripts : Are IPOs Heating Up? A123 Files. — Fri, 08 Aug 2008 18:37:19 +0000

By: Rex Tillerson : Are IPOs Heating Up? A123 Files.

Rex Tillerson : Are IPOs Heating Up? A123 Files. — Fri, 08 Aug 2008 18:36:41 +0000

By: Stanton Champion » Rackspace IPO

Stanton Champion » Rackspace IPO — Fri, 08 Aug 2008 18:15:24 +0000

[...] TechCrunch: Rackspace Tests The IPO Waters Today [...]

By: Jerry Yang

Jerry Yang — Fri, 08 Aug 2008 17:25:51 +0000

We went Public Once and looked what happened to us

By: Theo Briscoe

Theo Briscoe — Fri, 08 Aug 2008 17:19:29 +0000

Rackspace buys Ruby on Rails hosting company Engine Yard

By: TechCrunch Japanese アーカイブ » Rackspaceが本日IPO、希望額の半分の資金調達目指す

TechCrunch Japanese アーカイブ » Rackspaceが本日IPO、希望額の半分の資金調達目指す — Fri, 08 Aug 2008 16:22:07 +0000

[...] [原文へ] [...]

By: Rackspace Completes IPO | AustinStartup

Rackspace Completes IPO | AustinStartup — Fri, 08 Aug 2008 16:13:44 +0000

[...] guess this wraps up our coverage of Rackspace as an emerging company, but it’s still fodder for the writers at TechCrunch! CrunchBase Information Rackspace Goldman Sachs Information provided by [...]

By: Rich Miller

Rich Miller — Fri, 08 Aug 2008 16:13:15 +0000

The IPO was actually at $12.50, which is what bidders in the dutch auction paid. Shares opened on the NYSE at $12.50, dropped to $9.75 and are now back above $11.

http://www.data...ed_at_1250.html

By: Your Daddy

Your Daddy — Fri, 08 Aug 2008 15:58:50 +0000

I’m in at $11.30 – profitable for 5 years now, should be at 20.00 by 2009.

By: jas

jas — Fri, 08 Aug 2008 15:44:05 +0000

Yep a bargain at half the price the shares will continue to rise…