Having served on public company boards, growth-stage businesses and Series A startups, an observation I have made in boards that are later stage are more about financial analysis and governance.
Such a regulator would be constantly rethinking the role of a public company and public markets and their obligation not just to investors but to other constituencies.
Until now, SPACs were usually a means of taking public companies that “perhaps weren’t ideally suited for a primetime IPO,” like online gambling or marijuana businesses, Buyer says.
Online retailer Wish fell 16% in its trading debut Wednesday, in a more muted start to life as a public company than for DoorDash and Airbnb last week.
a limited company whose shares may be purchased by the public and traded freely on the open market and whose share capital is not less than a statutory minimum; public limited companyCompare private company
A company that sells shares in itself to the public to raise capital. When a previously privately owned company offers shares, it is said to “go public.”