Here come the bleeding red IPOs

Glu Mobile, Aruba Networks and now Limelight Networks – we are seeing an increasing number of companies that are still deep in red tapping (or trying to tap) the public markets.

It is a dangerous trend, because it could very quickly shut the window of opportunity, here by killing the golden goose. The market is at a fragile state: the after market performance of some of the IPOS – Mellanox, Clearwire and even BigBand – is not inspiring.

Our previous coverage of Limelight Networks and IPOs