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
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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