What does Taye mean when he says that the software company he and his college roommate started is going to "go public"?
A) the company is going to issue corporate bonds for sale to investors
B) the company has obtained venture capital
C) shares of the company's stock are being traded on the secondary market
D) the company will be selling shares of its stock on the open market for the first time

Question

Quizplus · Accepted Answer

"Going public" refers to the process of a private company selling shares of its stock to the public for the first time, which allows the company to raise additional capital and offers investors the opportunity to buy and sell shares on the open market. Therefore, the best choice is D.

What Does Taye Mean When He Says That the Software