How IPOs work

I found this article about Tesla’s IPO to be very enlightening. It talks about why a company would want go public, and goes into detail on how the IPO process works. I also like how they used Tesla, one of my favorite automotive companies, as an example.

Speaking of which, how about that Model S? (Ever noticed how Model S comes alphabetically before Model T?) I can’t wait to see them on the road in 2012.

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