Historically, Wilson, Sonsini, Goodrich & Rosati (WSGR) is probably the most prestigious law firm in the world for taking startups public in the U.S. markets. Guess what they are promoting on June 2nd? That's right - a presentation on how to take your company public <i>in Taiwan</i> (<a href="http://www.garysguide.org/events/3077312/wsgr-going-public-in-taiwan" rel="nofollow">http://www.garysguide.org/events/3077312/wsgr-going-public-i...</a>).<p>This symbolizes how important this trend is becoming for venture-backed startups in the Valley and elsewhere. The VCs need to get returns back up and they will not sit around forever as conditions remain relatively unfavorable in the U.S.
> In the U.S., the cost (to go public) is $2 million to $3 million and (start-ups have to meet the bar of) $100 million in (annual) revenue.<p>I am confused. What about that guy who is taking his beer pong table business public to raise 12,000? And what about other penny stocks? Can some one clarify by what he means by it costs 2 million to go public and your company needs to have a 100 million in revenue?