Companies choose to go public for various reasons:
Raise Capital: An IPO allows a company to raise capital from a wide pool of investors, which can be used for expansion, paying off debts, or funding new projects. Liquidity: It provides liquidity to early investors and employees by allowing them to sell their shares in the open market. Brand Recognition: Being a publicly traded company can increase a company's visibility and brand recognition. Acquisition Currency: Publicly traded shares can be used as currency for acquisitions.