It really comes as no surprise that Ancestry.com, Inc. has filed for a $75,000,000 Initial Public Offering (I.P.O). They’re one of the few genealogy companies that has made a lot of money the last year or two. According to the SEC filing, they made $8,000,000 in profit on income of $108,000,000 in the last six months… Not a bad bit of business with the whole country mired in a recession.
Click here to see the SEC filing itself. Interesting reading, but very lengthy.
Click here to read an article in TechCrunch to hit the wires about 7 pm MDT this evening.
Click here to read an article posted abut the same time in the Washington Post.
David Gelles just wrote a good blog on the SEC filing at FT.com. You might want to check it out.
Read John Reid’s comments at Anglo-Celtic Connections.
Read Dick Eastmans’ “Ancestry.com Files for $75 Million IPO” blog.
Read Kimberly Powell’s “Ancestry.com Files for $75 Million IPO” blog at about.com about the filing.
Read Dick Eastman’s “Statistics from the Ancestry.com IPO” blog post.
Read “Going Public: Ancestry.com Nurtures Fans of Family Trees” in the Wall Street Journal.
Read “Ancestry.com files to go public” at CNet News.