The late '90s are long gone, and tech startups filing for IPOs is big news these days. The latest to take the plunge is NewEgg, a consumer-facing online retailer that sells computer components and
other electronics, including software, digital cameras, cell phones and laptops.
The site lists new product releases and savings opportunities -- including a directory of refurbished
products and the 36 best offers of the day. Reporting $2.2 billion in revenue over the last year, the company is hoping to raise $175 million. Insight Venture Partners, which sunk $20 million into the
company in 2005, stands to benefit the most from the potential IPO.
Read the whole story at VentureBeat »