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Be Inc. IPO-bound

Posted by ryuzaki0 on from the come-get-some dept.

Dr. Tom was the first to send us the Be Inc. IPO announcement from E-Trade. Very cool OS, and I hope the sale goes well. E-Trade will be accepting apps for distribution to members, and also notes that while the registration statement has been filed, it's not been accepted by the SEC. Check out the Yahoo Biz story for more details.

2 of 105 comments (clear)

  1. IPO Mania! by iota · · Score: 3

    What Slashdot needs is an IPO icon and category... how about a picture of a bandwagon full of money? Seems so many start-ups and businesses we've known for so long are now stockmarket-bound :) I'm just waiting for Transmeta to hop on the IPO bandwagon.

    "I welcome you all to the first shareholders meeting for Transmeta Corp. I would like to tell you how our product development is going, but then I'd have to kill you. Thank you all for investing, and don't worry! We'll release something, someday!"

    When's the Slashdot IPO? I'd invest... "Buy now! Own your stake of Rob! Traded on NASDAQ, symbol SDOT!!"

    :)
    jason

  2. Please read the prospectus before speaking for Be. by _Stryker · · Score: 3
    Did you read the risk factors that they present? They aren't planning on using the money to develop new products for the OS. The OS is their only product. From page 8 of the prospectus:

    We have only one product that may never gain broad market acceptance.

    BeOS is our only product and we will derive all our revenue for the foreseable future from sales of BeOS. To date, BeOS has been used primarily by a limited number of enthusiast and application developers...

    They go on to say on page 9:

    Our success depends upon availability of third party applications that operate on BeOS.

    Demand and market acceptance for BeOS will significantly depend upon the availability of an increasing number of third party applications that operate on the BeOS platform. These applications include video and audio editing programs, 3D games, creative audio and video content development and manipulation, and personal productivity applications.

    We intend to encourage the development of an increasing number of applications that operate on BeOS by attracting third party developers to the BeOS platform and by maintaining our existing developer relationships through marketing, technical support and financial incentives for third party developers. However, third party developers are generally under no obligation to develop applications based on the BeOS platform.
    ---