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What Is the Cultural Significance of an IPO?

It's not only about the money. A successful IPO spells out success for a company. It generates interest and can be a signal to the top talent in the industry that this company has made it. This can also be a boost to employees' pride, especially after sticking with a startup through thick and thin.

 

There are other disadvantages as well. The investors become part owners and get a say. Also, just like the public will take notice of a successful IPO, the public takes note of an unsuccessful one as well.

Consider these factors when deciding whether to take your company public and go through the IPO process. Before making that decision, seek out legal and financial advice based specifically on your company. We offer references to affordable legal help through our On Call attorney service.