Submitted by giteam t3_zfuvxp in dataisbeautiful
CUJO-31 t1_izeui16 wrote
Reply to comment by sparklybeast in [OC] Largest IPOs in history by giteam
Initial public offering, when a company goes from private to public by issuing stocks.
You create a company which you own a 100% of, but you need to raise more money. You have three primary options.
1- get a loan
2- sell a portion of your company to a private investor.
3- chop up your ownership into tiny bits and sell all or a portion of it to the public via a stock exchange, anyone can buy and sell it. The first time it hits the market is called IPO.
sparklybeast t1_izewt74 wrote
Thanks. So are they different from a PLC?
livefreeordont t1_izexsim wrote
No. IPO is just when a private companies goes public
Thegoodlife93 t1_izf3vl5 wrote
Yes, entirely. An IPO is an event. A PLC is a classification of company.
sparklybeast t1_izf58vc wrote
Ahhh, ok, that makes more sense, thank you. So the figures on the chart are the value of the company's shares when it was first listed?
Thegoodlife93 t1_izf5j32 wrote
Yup, exactly.
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