5 ms·
It's not that black and white. A lot of profitable companies IPO to fuel aggressive expansion in new markets which would otherwise not be possible and could har
by kayoone 7y ago
It's not that black and white. A lot of profitable companies IPO to fuel aggressive expansion in new markets which would otherwise not be possible and could harm them in the future. Google was profitable when they IPOd https://www.sec.gov/Archives/edgar/data/1288776/000119312504143377/d424b4.htm#toc59330_11 https://www.sec.gov/Archives/edgar/data/1288776/000119312504...