The IPO should be for about 300% of the losses so infrastructure can be improved from the start, and at least a partner can be hired (a 1-man exchange is asking for trouble). It all depends on how much do people value a properly operating Bitfloor in the long term. I think 75K+ is fair, maybe 100K+.
+1
I think Bitfloor has enormous growth potential. My opinion is that Bitfloor is vastly technologically superior to Mt. Gox, modulo today's failing. I suspect, with a proper treatise on the security failure and security architecture plan for moving forward, Bitfloor could raise enough in an IPO to pay everyone back and resume operations with an improved platform.