纽交所IPO窗口预计将持续整个2014年

    去年是自2008年金融危机以来市场首次经历一个12个月IPO窗口。卡特勒表示，他预计今年将再有一个12个月IPO窗口。去年，纽交所的IPO数量为150宗左右，预计2014年将为150-200宗。相比之下，20世纪90年代每年的IPO数量为400-500宗。

    “你可以说估值高，”他说。“但人们愿意为那些高成长的公司支付高估值。投资者们知道未来会赚钱。”

    不同于互联网泡沫，今年很多IPO科技公司，包括King，都已经盈利。那些尚未盈利的公司，比如Box和Twitter，则具备高增长和巨大的市场机会。卡特勒表示，投资者们看好成长性，这是他们在市场其他领域看不到的。“投资者们追逐医疗保健、能源、科技、金融服务和消费领域的纯增长故事。”

    在科技领域，他们对社交、移动、企业和云公司非常感兴趣。“投资者们的总体科技支出没有增长，”卡特勒表示。“但比例正在变小。”

    纽交所在科技领域有所斩获, 部分是因为2012年纳斯达克搞砸了Facebook的IPO。今年已经上市的科技公司有15家，其中有10家是在纽交所上市的。预计本周还将有3家公司在纽交所上市(分别是GrubHub，OPower和Rubicon Project)。去年，有30多家科技公司在纽交所IPO，占美国所有科技公司IPO的54%，占行业募集资本的56%。（财富中文网）

    Last year was the first time since the financial crisis in 2008 that the markets experienced a 12-month IPO window. Cutler says he expects this year to have another 12-month window. The exchange did around 150 IPOs last year and expects 2014 to end with 150 to 200. Compare that to 400 to 500 IPOs per year in the '90s.

    "You can say valuations are high," he says. "But people are willing to pay more for companies that are growing. Investors know there is profitability coming in the future."

    Unlike the dotcom era, many of today's companies -- King included -- have profits. Those that don't -- like Box and Twitter -- have growth and a big market opportunity. Investors are hungry for growth, and they're not finding it in other places of the market, Cutler says. "Investors are chasing pure-play growth in health care, energy, technology, financial services, and consumer."

    Within tech, they're interested in social, mobile enterprise, and cloud companies. "Investors' overall tech spend is not rising," Cutler says, "but slices of the pie are going from thick to thin."

    The NYSE has made gains in the tech sector, owing some of its popularity there to NASDAQ's poor handling of Facebook's IPO in 2012. This year, 15 tech companies have gone public, 10 of them on NYSE. Three more are expected to list on NYSE this week (GrubHub, OPower, and Rubicon Project). Last year, NYSE handled 30 new technology listings, representing 54% of all tech IPOs in the U.S. and 56% of capital raised in the sector.