Posted by & filed under Canadian Economy, Financial Accounting, Managerial Accounting.

Description: Ottawa area tech company Shopify is getting set to go public, perhaps helping to put some lustre back on Canada’s tech image after well-publicized problems at Blackberry and Nortel. The initial public offering is expected to raise in the range of $100 million for the company. Shopify provides an internet platform that retailers can use to do business online, but it also provides a number of other software supports for its clients.

Source: Globeandmail.com

Date:  April 14, 2015

Link: http://www.theglobeandmail.com/report-on-business/shopify-files-for-initial-public-offering/article23961028/

Discussion Points:

1) Were you familiar with Shopify prior to reading this article?

2) How will Shopify account for funds raised through an IPO?

3) What are some of the factors a company would have to consider before deciding to go public?

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