I'm so happy for everyone associated with Omniture for successfully completing its IPO today. The shares opened at $6.50 and ended the day up slightly at $6.53 per share. Visit Yahoo Finance for more. This high tech IPO is a big deal for Utah, which needs more IPOs. And Omniture now has a war chest to help it maintain its leadership position in the web analytics space.
Phil Burns, whom I have described in the past as a Web 2.0 native that makes me feel like an old, slow, immigrant, is now heading up one of the most exciting things we are doing at Provo Labs. He describes in a recent blog our new Provo Labs Consulting services and how we will are utilizing our employees, our portfolio companies, and their extended networks to provide excellent technology and business solutions for its customers. Phil is on fire with this concept.
The New York Times reports that Senator Clinton's campaign has hired an experienced political blogger. The 2008 Presidential Election is going to heat up the blogosphere in the next two years. But I'm really afraid most of the candidates won't actually do it right. I'm afraid they'll try to use the web as a top-down communication tool, and not a giant listening device and organizing device that actually empowers citizens to be involved in government.