Richard Is Having a Seizure in the Back of the Classroom

question 94

True/False

Richard is having a seizure in the back of the classroom. His classmates look around at each other, unsure of how to react. As they watch each other doing nothing, they shrug and go about packing up for the next class, assuming that nothing must be wrong because no one else reacted as if it were an emergency. Their reactions illustrate diffusion of responsibility.

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Definitions:

IPO

Initial Public Offering, the process by which a private company becomes publicly traded by offering its shares for the first time to the public.

Venture Capitalists

Investors who provide capital to start-up companies and small businesses with perceived long-term growth potential, often taking a stake in the company in exchange.

IPOs

Initial Public Offerings, a process where a private company offers shares to the public in a new stock issuance to raise capital.

First Day Returns

The percentage change in the price of a stock from its initial public offering price to its closing price on the first day of trading on the public market.