Going public is a big deal, and it happens in something called an “IPO,” or “Initial Public Offering.”
Going public is a big deal, and it happens in something called an “IPO,” or “Initial Public Offering.” It’s the company saying, “All right, world—you are now able to exchange your dollars for a small piece of me, and you should exchange your dollars for a small piece of me because I’m going to produce profits that’ll make the piece of me that you own more valuable over time.” Like NFTs, but you know, actually profitable.