IPOs & Secondary Offerings
6 min read
What Is an IPO?
An Initial Public Offering (IPO) is the process by which a privately held company sells shares to the general public for the first time, becoming a publicly traded company listed on a stock exchange. Before an IPO, ownership is limited to founders, employees, and private investors (venture capital, private equity). After an IPO, anyone with a brokerage account can buy shares.
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