Initial public offerings (IPOs) have long been viewed as the most significant event for a business. An IPO marks the first time a company offers shares of its equity securities to the general public. Entrepreneurs and investors typically use their IPO to gain access to broad capital markets needed to expand the business and to obtain liquidity for entrepreneurs and investors. With that said, although IPOs represent the ultimate goal for entrepreneurs, for many companies, getting to the IPO is only the beginning.