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Selling shares of stock to investors is a common way that companies attract capital that they can use to fund new projects and growth. An initial public offering, or IPO, is a company's first sale of stock to the public. When a company files for an IPO, it plans on selling stock to the public, which means the company goes from being privately owned to being publicly owned.
The life of the business is accelerated or doomed by the IPO. The IPO does not keep you in business, nor is it a guarantee of success. Make sure to remember first what keeps you in business and always focus on that first. Hopefully you will now better understand how does a company go public. The entire process of going public will definitely not happen overnight.