Visa IPO announced for March
 

Visa annouced its IPO time line today.
http://money.cnn.com/news/newsfeeds/...1-23277866.htm
Earlier this week there was leak that Visa might annouce the launch of its IPO for October 2008. But surprised many people with the time line being set for March.

wonder what impact on porn this will have

typically, shareholders + porn = no good

(spare me the retarded hotel/at&t type examples)

When companies go IPO (public) they go to shit...

Going public is the worst thing a company can do for its employees and for its customers. The company shifts from being service oriented to bean counting. The customers get connected to India and the employees get connected to the Welfare department of their state.

I predict that by 2020 America will look like Rome as it was collapsing and pulling out of the further reaches of its empire like London, England.

VISA going public is going to really change the face of credit.

it was supposed to happen last year

I dont see porn being the liability as much as the thier own lawsuits and issues. Besides, I dont think shareholders will care.

I see some quick cash being made ;)

America is far from Rome.....2200-2300 maybe....we've got another 300 years to go before the very end minimum.

Some quick cash is sure to be made but the real money is the markets that Visa will open up in South and Central America. Millions of former debt card holders are going to have the Visa logo in the near future.

Re: Rome and the US.

The world is so completely different today than it was then I don't think it makes any sense to try and template the new onto the old. When the western half of the Empire collapsed that part of the world entered into the Middle ages and from it came feudalism.

Even if you were going to think of the rise, decline and fall of Rome as a template for the USA where would we be? We'd be in the Republic stage. Back in the 100s BC or further back. With half a millenium of empire ahead. But when the Roman Republic fell it occured when Rome was a rarity in the world. Most systems of government at the time were just ruling families passing rule on through descent. Today, the world is becoming democratic. There has been an explosion of democratic reforms in the world the past two centuries.

For all that we perceive as huge differences, the modern first world is becoming more and more similar today. Liberal democracy with big social nets. A much richer world increasing standards of living.

I wouldnt worry. nothing seems to have happened as a result of Mastercard going public....

Nothing except me getting a 500% return over the last 18 months :thumbsup

http://finance.google.com/finance?q=NYSE%3AMA

Google isn't a great company to work for? Some say it is.

How about Starbucks for customers? There's a line at every store. Everyone seems pretty psyched to be buying lattes, mochas and frappacinos. Ranked by its own employees as one of the top 10 companies to work for.

Access to capital markets is a must in the modern world. This isn't 1780.

It's been what - less than two years since Mastercard went public.

I am pretty sure Amex processed for adult sites for abut 8 years before pulling out. Who knows what effect shareholders might have on these companies going public? It can only be negative. The best we can really hope for is "no change". That might very well happen. Who knows?

Fair enough.

But the best we can REALLY hope for is no change in the processing ....and getting to profit in a big way from the stock.