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. An IPO is a money-making venture. An IPO is a money-making exercise.
2. Increased liquidity is achieved by trading stocks on the open market. This opens up the possibility of employee stock ownership plans such as stock options or other compensation plans. It attracts top talent.
3. Publication of a company means that it has achieved enough success to be listed on stock exchanges. Any company can be proud to go public.
4. A public company can issue more stock in a competitive market. As part of a deal, the stock can be issued. This opens up the possibility for acquisitions and mergers.