Here's How Smart Investors Made A Killing On IPOs In 2012

2012 turned out to be a very good year for investors who bet on new enterprise-tech companies. This year, companies such as Splunk, Palo Alto Networks, and Workday had extremely successful opening days in spite of the Facebook IPO fiasco—or maybe because of it, as investors veered away from consumer Web plays. ServiceNow, for instance, was one of the first technology companies to go public after Facebook. It even had the same banker, Morgan Stanley. But its debut couldn't have been mor...