Entrepreneurs opt for IPOs for several reasons: - Capital Raising: IPOs provide access to a large pool of capital, which can be used for scaling operations, research and development, and other business activities. - Liquidity: Shares become more liquid, providing an exit strategy for early investors and employees holding stock options. - Market Visibility: Being publicly traded increases the company’s visibility and credibility. - Employee Incentives: Public shares can be used in employee stock option plans to attract and retain talent.