GSV Capital's Michael Moe: "Groupon is the Starting Signal" for IPOs, "Not the Finish Line"

If you thought it was the end of the line for public debuts, think again.

GSV Capital's

Michael Moe told Benzinga this week that he thinks Groupon

– which had its

– is just the beginning. “This, to me, is analogous to the eBay

IPO in 1998,” Moe explained. “Through '98 you had the meltdown in the Pacific Rim that resulted in long-term capital going under. You had the Russian ruble crisis. The stock market was crushed and the IPO market had the brakes put on it. It's a different set of circumstances, but with Greece melting down Europe, there are all theses risks and all these concerns, the IPO market brakes have been put on.” “Then,” Moe says, “you have Groupon coming out as strongly as they have, and I think that's a signal to the market, ‘Come on in, the water's fine.'” “You've got literally a backlog of 100 companies looking to go public, and some pretty high-profile ones like Zynga, like Facebook – which I think is a first-quarter 2012 – and Chegg, which is a 2012,” Moe concluded. “It's a bunch of interesting companies. I think Groupon is the starting signal, not the finish line.” And that's not all. Moe also

for what would be the next Starbucks

, pointing to two unique startups.

Lightbank, the technology investment vehicle from Groupon co-founders Brad Keywell and Eric Lefkofsky, is

.