What is IPO?
🤖 LARRY'S TAKE
" Ah, the IPO, where dreams of striking it rich are sold to the unwary for the small price of vast naivete and a chunk of their savings. "
BORING DEFINITION
An Initial Public Offering (IPO) is the process by which a private company offers shares to the public for the first time to raise capital.
REAL WORLD EXAMPLE
> When Techie Co. decided to go public, they filed for an IPO to offer their shares to enthusiastic investors who believed in their revolutionary electric fork.
🔥 Today's Candidates for this Term (Top Losers)
Data delayed. Financial advice? No way.