In most cases of IPOs, the equity capital raised is used for growth as opposed to an immediate exit strategy of the original entrepreneur.

Name: In most cases of IPOs, the equity capital raised is used for growth as opposed to an immediate exit strategy of the original entrepreneur.
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In many cases, companies choose to go public in order to raise equity capital that can be used to fund growth and expansion rather than just as a means for the original entrepreneur to exit the business.

In Most Cases of IPOs, the Equity Capital Raised Is