Definition
An Initial Public Offering (IPO) is the process by which a privately held company becomes a public company by offering its shares for sale to the general public for the first time.
Why it matters (in Poovi’s context)
The source document discusses Figma’s IPO filing as the context for revealing its financial performance and business model.
Key properties or components
- Becoming a public company
- Selling shares to the public
- Regulatory filings
Contradictions or debates
None.