With CNBC, Brian Hamilton, CEO of Sageworks which analyzes the finances of private companies in the US, discusses how IPOs are faring in March of 2008, specifically VISA.
VISA has a good business model for this change, but there are some red flags to consider when looking to invest in this IPO. The earnings numbers, given the amount set back for litigation, may indicate the IPO is priced high but still reasonable.
Sageworks provides financial analysis technologies to the bank, accounting, and small business markets. Sageworks also collects data on privately-held companies across North America, using that data to provide industry averages and ratio analysis within Sageworks' technologies.
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