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Electronics E-tailer Eyes IPO

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 »

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