Traffic.com IPO stalls? In the old days (pre-1990's) if you took a company public, and it traded up just a little on the first day, everyone said the bankers did a nice job not leaving any money on the table. I think it was the Boston Chicken IPO in '93 that changed all of that.
I did a search on Simply Hired for "pre IPO" in company descriptions - 1,019 matches. Two of these are actually "Killer pre-IPO" companies, while three are only "Hot pre-IPO" companies. Why would I work for a Hot pre-IPO company when I could work for a Killer pre-IPO company?