by Brian Solis

Recession? What recession? The IPO seems to be making a rare appearance.

According to TechCrunch, FriendFinder Networks, formerly Penthouse Media Group, has filed to go public.

Here’s the S-1.

Renaissance Capital out of Russia is navigating the process. The company hopes to raise ~$460 million which earmarked to pay off the nearly half billion dollars in current debt .

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