Darrin Stollow is East Region & Tri-State emerging growth companies leader for Deloitte.
We asked him about how companies can prepare for an initial public offering in a volatile market.
“IPO success isn’t just about timing, but also maximizing certain processes that the market wants to know are sound. Having the right information technology and internal controls to support financial reporting is fundamental, and businesses should take a thorough look at the quality of their systems early in the IPO process. Another critical area is having enough liquidity or financing, as the IPO timeline often takes longer than expected. This all must be incorporated into the chief financial officer and team’s vision and strategy to establish credibility with investors, both ahead of the offering and in the quarters that follow.”