Rackspace IPO: $1.45 Billion
August 8, 2008 by Jayvee Fernandez
Filed under Computers
The tech IPOs are back, baby. Rackspace has a longstanding reputation as the luxury hosting company, the one you get before your business grows into needing a CDN. They were actually YouTube’s first hosting company: just two years ago, Chad and Steve had over a hundred servers there. Their IPO this morning is an overnight success ten years in the making.
