Craig McCaw Getting Set to "Pwn" IPO Market in March
Note: I know what your saying "Craig McCaw Fanboy Alert"! Well to answer that: I just can't help it. Whats not to love about this guy. I am an old school geek (1984 was when my cherry was popped with my pimped out TI-99) so I have been reading about him for some time. I was browsing on Seeking Alpha and they have this really nice read about Clearwire and Craig McCaw in general. I think he is positioning himself for the auction of those 2.5 Ghz licenses under the AT&T/Bell South Deal (The "New" AT&T heh). There are alot of striking similarities in his strategy thus far and it will be exciting to see what the future holds.
Craig McCaw
"On the week of March 5, a service provider called Clearwire (CLWR) is going public on the NASDAQ with the assistance of Morgan Stanley, Merrill Lynch, J.P. Morgan Securities, Bear Sterns, and Wachovia Capital Markets. The excitement of the Clearwire IPO has less to do with their technology and the business accomplishments to date, rather more to do with who founded the company. The excitement around the Clearwire IPO has more to do with the founder and Chairman of Clearwire: Craig McCaw (pictured)."
There is an interesting dichotomy in the social grouping of the people who have interest in Clearwire. In the first group we find the Internet Generation (i.e. born between 1986-1999) and in the second group with find Baby Boomer Generation (i.e. born between 1946-1964). Full disclosure I am a member of Generation X. Many months ago I posted a blog on the generation topic and social networking. You might be wondering what social generations have to do with the Clearwire IPO. Let us start with the first group the Internet Generation. If you have seen a Clearwire sales team in action, you are looking at a group of twenty-something age sales people. If you read the blogs of dedicated internet junkies, you will realize that the internet generation finds Clearwire great, more great, more cool, or they are not all that impressed, or have questions about the company and the WiMAX service offered by Clearwire.
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