Whether you are an investment banker working with the hottest new tech start up to take it public, working in private equity and 'exiting' an investment, OR you're considering a role in a startup with the goal of one day hitting it big, you must understand the critical function of IPOs in the lifecycle of a company.  In today's episode we use two companies that exemplify the classic 'sponsor backed IPO;, Birkenstock, and a more 'techy' IPO, Instacart, to answer the questions:- HOW and WHY would a company go public?- What is the role of an investment banker in the process?- What are the fees?- What is the difference between primary vs. secondary shares?- What is the difference between valuation and pricing?- What is the purpose of the IPO discount?- What is a greenshoe and why is it used? And much much more!Follow us on Instagram and Tik Tok at @thewallstreetskinnyhttps://www.instagram.com/thewallstreetskinny/