More grist for the ‘Blackboard going public’ rumour mill

http://www.ipohome.com/ipoplus/press/
usatoday_120403.asp

The same day that the article appeared in the Washington Post speculating on the possibility of Blackboard going public because of repeated meetings with investment bankers, the above article was published, concerning the potential re-kindling of tech IPOs. But as if to dampen down the growing rumours, Michael Chasen, Blackboard’s CEO, is featured in the article downplaying his company’s need to go public (which seems quite likely true, what with their recent earnings reports and an overall climate that meant Blackboard has not had “to worry about other overfunded companies in our space.”) The speculation continues… – SWL