1/6
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai | Chat |
|---|
No analytics yet
Send a link to your students to track their progress
What is Finance?
Finance is the study of how money and resources are valued, managed, invested, and used to make decisions.
Inital Public Offering (IPO)
When a private company sells public shares for the first time.
What is corporate finance?
Corporate finance focuses on how businesses make financial decisions.
Investment
financing
Liquidity
Private companies
Small # of shareholders
public doesnt have access to shares.
not listed on Public Stock Exchange
Ex: Open AI
Public Companies
Owners: Widely dispered (Public Investors)
Shared listed on public stock exchange.
Ex: Amazon + Apple
Unicorn Companies
Private company worth more than 1B ex: Open AI
Agency Problem
Conflict of interest between Stock Holders and Managers.
Stockholders want managers to maximize the value of the company.
Managers are inclined to act in their own best interest.