The process of selling shares that were formerly privately held to new investors for the first time. Otherwise known as an initial public offering (IPO). When a company "goes public," it is the first time the general public has the ability to buy shares.Alas I did not sit and watch for ticker tape item "N" all day, which I suppose makes me a bad Silicon Valley life partner. David received a bag of "N" goodies, dated today, and he came home feeling his continued employment outlook is strong. The second of these was the better gift, I'd say. :)
This is yet another amusing but ultimately pointless attempt to make sense of the world, a place to share curiosities and outrages. That and the occasional movie review.
December 20, 2007
IPO
NetSuite went public today. Read more about the NetSuite IPO here or here. According to Investopedia, "going public" means:
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1 comment:
Hurray for job security!
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