An IPO is an initial public offer of the company's stock to the general public. Prior to an IPO, the company is privately owned by early founders and investors--the general public has no way of investing in the company's stock. Once a company goes public, the stock will be listed on an exchange and the general public will be able to invest in the company. Essentially, an IPO is a company's first day of public trading on the markets.
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Updated over a week ago