There is little more exciting in business news than a big IPO or initial public offering. An IPO is a business process where shares of stock are first issued to the public on a major stock exchange. To typical investors like you and me, an IPO is a chance to earn a quick return on investment, but to investment banks, angel investors, venture capitalists, and company founders, IPOs are big business with billions of dollars on the line.
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The Biggest IPOs of All Time
After Facebook’s record setting $16 billion IPO on Friday, which was received by the public with lackluster results, I started to think about other large IPOs and how they fared. While none had the hype of Facebook, the 3rd biggest IPO of all time, some had much better numbers.