In an IPO, or public offering, shares of a private company are made available to the public for the first time. An IPO allows a company to raise equity capital from public investors.| Investopedia
The internal rate of return (IRR) is a metric used in capital budgeting to estimate the return of potential investments. Here is the formula for calculating it.| Investopedia
Return on investment (ROI) is a performance measure used to evaluate the efficiency of an investment or compare the efficiency of several investments.| Investopedia