Road to IPO
Road to IPOGoing public as a start-up
As a start-up or a young growth company, an initial public offering (IPO) is a large, but reachable goal – an important component of a sustainable business strategy. What is crucial for a successful IPO is not the company’s size, but its individual growth prospects.
Raising capital through the stock exchange
The total capital raised from an IPO is significantly higher than the amount made possible through financing rounds with venture capitalists in Europe. Going public makes it possible to access capital not previously available before an IPO. This comes from several sources, such as institutional investors, equity capital from investors, family offices, asset managers and retail investors. Investors that are directly associated with Deutsche Börse represent 35% of the world’s institutional capital. For example, Delivery Hero’s IPO raised € 989 million for the company, independent of financing through banks. This expands the entrepreneurial scope for growth, internationalisation, innovation, research and development as well as acquisitions.
The raising of capital through an IPO enables a company to raise large-scale financial investments, which can then be repeated by means of capital increases – this helps raise the capital that companies need as they grow and which the dynamic markets of the digital industry require. Therefore, an IPO offers long-term access to capital, insuring competitiveness.
These companies have already gone public – a few examples: