(Archived) Evernote IPO

[Owyn 457]

Evernote, which makes a popular app for taking notes and storing data on tablets, phones and personal computers, is considering filing for an initial public offering by the end of next year, its chief executive told Reuters on Friday.

http://ca.reuters.com/article/technolog ... 09?sp=true

[jbenson2 2,147]

"...the company will lose money over the next few months as it hires, opens an office in Austin and buys companies."

"Evernote, which has 102 employees, is planning to hire 400 by the end of 2013, in the United States, Russia and other countries. It will return to profit in a few months"

So... an IPO is inevitable, probably in 2013.

Oh, oh!

Once the new corporate overlords arrive in 2014, kiss the $5 monthly premium fee goodbye. (in my opinion)