VMware started investors meeting before IPO

Quoting from CRN:

source close to the server virtualization software giant confirmed that the road show has started, and is expected to last two weeks, after which the long-anticipated VMware IPO will probably happen.

The road show is the time when a pre-IPO company’s executives present the company to analysts, fund managers, and perspective investors in order to generate interest in investing in the company.

VMware’s IPO price is expected to be between $23 and $25, according to its S-1 filing with the Securities and Exchange Commission about a month ago.

Hope Hayes, president of Alliance Technology Group, a Hanover, Md.-based solution provider and VMware partner, said the main concern she has is the likelihood that a VMware employee who gets stock options might leave.

Going public also brings new pressures on a company, Hayes said. “It will be interesting to see how the company changes now that it has pressures from quarterly reports to deal with,” she said…

Read the whole article at source.

Update: Roadshow webcast is available here. IPO documentation is available here.