Are you ready to unlock the secrets of equity markets? Join us on a fascinating tour where we break down the complexities of public and private markets, the indispensable role of shareholders, and the nuances of common and preferred stock. Drawing from my years of Wall Street experience, I will guide you through the importance of limited liability for shareholders and the hierarchy of a firm during liquidation.
Venturing into the realm of private equity markets, we will unravel its pivotal role in raising long-term capital for companies. I walk you through the process, teaching you how companies privately secure funds. From venture capital to growth equity, equity buyouts, and late-stage funding, we illuminate the different stages of a company's life cycle and the corresponding funding they receive.
Switching gears, we traverse into the landscape of public markets. We untangle the process of initial public offerings (IPOs) and follow-on offerings, and even touch upon the benefits of choosing a SPAC for raising capital. As we journey further, we delve into the world of national exchanges that facilitate trading of securities and discuss the different categories of US stock markets. We promise that this episode will not only enrich your understanding of equity markets but also equip you with a new perspective on securities. Don't miss out on this enlightening journey. Buckle up, and let's get started!