Abstract
Many entrepreneurs want to reach high to the heavens to achieve unlimited success. These hardworking, often underappreciated, venturers often crave fame and fortune as they strive to create their personal business legacy. One strategic path many have wandered down is that of the Initial Public Offering (IPO), whereby shares of the company are sold to the public. The IPO has many strong attractions. Large amounts of capital can be brought into the company.The company's stock can be used as currency to acquire other companies. Early investors realize a good ROI. Employees can perceive real value in their stock options. Customers, banks, vendors, and other stakeholders pay more respect to the company. Is this truly the entrepreneurʼs nirvana? Or is it a case of “Be careful of what you wish for because it may really come true?” Read on.
Citation
Levangie, J.E. (2005), "Everything you always wanted to know about ipos* *Abut were afraid to ask", New England Journal of Entrepreneurship, Vol. 8 No. 1, pp. 75-94. https://doi.org/10.1108/NEJE-08-01-2005-B008
Publisher
:Emerald Publishing Limited
Copyright © Published by DigitalCommons©SHU, 2005