The initial public offering, once the ultimate validation for company founders, is in fashion for the first time since the dot-com bust. In the first half of 2013, U.S. IPOs raised $20.6 billion, according to Kathleen Smith, principal at Renaissance Capital in Greenwich, Connecticut. Excluding Facebook’s $16 billion debut, that’s 63 percent more raised than in the same period last year.

From the October issue of Inc. magazine
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