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Benjamin Kuo's Blog

Thoughts on Southern California's high tech and venture capital industry

SoCal’s NewEgg files for an IPO

September 28, 2009

Not too many people I talk to realize that online e-commerce firm NewEgg is one of Southern California’s own, based in the City of Industry. Well, NewEgg is now also the latest IPO filing in Southern California, saying today in a filing with the SEC that it is looking to raise up to $175M in an IPO.  The firm hasn’t yet selected an exchange. The firm has some minor amount of investment from Insight Venture Partners, but otherwise is owned by its co-founder, Fred Chang, and current CEO Tally Liu. (full SEC filing here).

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Thoughts and commentary from Benjamin F. Kuo, publisher of socalTECH.com.

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