What is an IPO?
In 2012, Mark Zuckerberg opened his private company to the public. In the company’s initial public offering (IPO), $16 billion of stock were bought as investors sought to value the technology giant, vying for a share of its profits. Along with the selling of stock, Facebook’s management underwent a deep restructuring process. Most people recognize an IPO as a company’s first introduction to the stock market, but what exactly is it? Most simply by Investopedia, an initial public offering is “the first sale of stock by a company to the public.” Before an IPO, equity is distributed among private investors Read More …