Question

Before its IPO, Twitter was an example of a private firm. As a private firm, Twitter wasa. not subject to government regulations and taxation.b. run by its founders, Evan Williams, Noah Glass, Jack Dorsey, and Biz Stone.c. not legally allowed to raise funds through venture capital firms.d. run by stockholders and a board of directorse. run by stockholders and a board of directors.

Answer 1

The correct answer is b: run by its founders, Evan Williams, Noah Glass, Jack Dorsey and Biz Stone

Step-by-step explanation:

IPO or initial public offering is the procedure by which a privately owned business can open up to the world by offer of its stocks to overall population. It could be another, youthful organization or an old organization which chooses to be recorded on a trade and subsequently opens up to the world. IPO is an open way where your business can grow and include outside financial specialists.It may assist you with developing your balance sheets, smooth business exchanges and make it simpler to assume control over contenders.

However, a private arrangement doesn't need to be enlisted with the Securities and Exchange Commission. Remaining private means you can pick precisely who puts resources into your organization, and it's not as though you can't choose to open up to the world later. In any case, as long as you stay private, you don't need to adjust your organization's concentration or methodology to meet Wall Street's desires.