Public vs. Private — Wall Street Sways Fortunes

The lure of accessing capital for expanding a printer’s equipment arsenal is one factor that leads private companies to conduct an Initial Public Offering (IPO). VistaPrint, a Web-based printer geared toward small businesses, raised $100 million in its IPO, bolstered by another $60 million obtained through venture capital funding. According to Robert Keane, president and CEO of Lexington, MA-based VistaPrint, the decision wasn’t difficult to make, considering the company’s needs.