Entering Public Markets: IPOs and New Alternatives

Placeholder Show Content

Abstract/Contents

Abstract
The IPO, or initial public offering, has long remained the dominant vehicle with which to enter pubic markets. Despite the existence of other options, few companies have considered, let alone attempted, to use an alternative mechanism. More recently, access to information and the liquidity of private markets has driven fundamental changes to how private companies raise capital, fund growth, and perceive the public markets. How have these changes transformed the growth of today’s private companies, and, as a result, altered not only how executives approach the key considerations of ‘going public’, but also how regulators govern a company’s entrance into those markets? Using historical analysis and modern case studies, I dissect the mechanics of ‘going public’, highlight the critical considerations of stakeholders, introduce pending regulatory changes to current offering mechanics, and finally present a framework through which to evaluate the future entrance of companies into the public markets.

Description

Type of resource text
Date created May 15, 2020

Creators/Contributors

Author Beall, Charlie
Advisor Callander, Steven
Degree granting institution Stanford University, Public Policy Program

Subjects

Subject Stanford University
Subject Humanities and Sciences
Subject Public Policy Program
Subject Direct Listing
Subject IPO
Subject Public Offering
Subject Dutch Auction
Subject Venture Capital
Subject Finance
Genre Thesis

Bibliographic information

Access conditions

Use and reproduction
User agrees that, where applicable, content will not be used to identify or to otherwise infringe the privacy or confidentiality rights of individuals. Content distributed via the Stanford Digital Repository may be subject to additional license and use restrictions applied by the depositor.
License
This work is licensed under a Creative Commons Attribution 3.0 Unported license (CC BY).

Collection

Stanford University, Public Policy Program, Masters Theses and Practicum Projects

View other items in this collection in SearchWorks

Contact information

Also listed in

Loading usage metrics...