July 25, 2015
An initial public offering is a kind of coming-out party, the moment when the rest of the world decides if it likes your business. As a chief executive you pray that the market sees the same things in your company that you do and you hang on for the ride. Every so often, especially in the tech space these days, the market falls head-over-heels in love, as in the case of Shopify Inc. (TSX:SH), Canada’s newly anointed tech star, whose shares soared 69% above the issue price on the first day of trading in late May.
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