The lack of IPOs in the market is more myth than fact:
From PWC:
With 154 IPOs completed, that raised a total of $37.5 billion year-to-date, 2010 activity represents a 123 percent increase in volume and 49 percent increase in value, compared with the $25.2 billion raised from 69 IPOs in 2009. In addition, PwC says the surge of activity in the fourth quarter of 2010 confirms the IPO market has recovered from the doldrums of 2008 and 2009.
Since the beginning of 2010, 37 technology companies have gone public, with total proceeds of $5.1 billion, according to Renaissance Capital, an IPO research firm. That's a big uptick from the same period last year, which saw 17 IPOs priced.
From PWC:
With 154 IPOs completed, that raised a total of $37.5 billion year-to-date, 2010 activity represents a 123 percent increase in volume and 49 percent increase in value, compared with the $25.2 billion raised from 69 IPOs in 2009. In addition, PwC says the surge of activity in the fourth quarter of 2010 confirms the IPO market has recovered from the doldrums of 2008 and 2009.
Source:
http://www.pwc.com/us/en/press-releases/2010/us-ipo-market-v...
Specifically in tech:
Since the beginning of 2010, 37 technology companies have gone public, with total proceeds of $5.1 billion, according to Renaissance Capital, an IPO research firm. That's a big uptick from the same period last year, which saw 17 IPOs priced.
Source with top 10 IPOs of 2010:
http://www.thestreet.com/story/10928161/2/techs-top-ipos-of-...
Just because the big consumer names are choosing not to go public, does not mean that IPOs are not happening.