Vonage IPO

by tyler on May 24, 2006

vg_ipo.jpg

Vonage will IPO today on the NYSE under the symbol VG. Through a directed share program, Vonage gave it’s customers the ability to buy the stock at it’s IPO price, which last night was priced at $17. I made a conditional offer to buy 500 shares, but was only allocated 200. We’ll see what happens today. It’s kind of exciting for me as I haven’t paid attention to IPO’s since the days when I worked at Internet startups such as Open Market and CMGi.

I have been a vonage customer now for 4 years. The service is OK, but not great. But for $15 a month, how can you go wrong.

Photo: Brian Boyd

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