>Correct me if I'm wrong, Doug, but I understood that porn sites couldn't go
>public because none of the stock exchanges would allow porn-related companies
>to be traded. At least, this is what I heard from an investor I met recently
>at an alcohol-fest for Salon magazine . . . she said that there was always a
>limit to the amount one could make on porn sites because they had to stay
>private.
I picked this up from the Lex column in the Financial Times the other day, which said efox was the first porn site to try an IPO.
Of course, the nonexistence of stock has never stopped employers from issuing options, as I first learned from your ex, Ed.
Doug