Public Market

Definitions

1. A market where securities can be bought and sold openly by public investors, typically through stock exchanges. For startups, the public market often represents both a benchmark and a possible future liquidity venue.

   In plain English: The open market where public investors trade shares and other securities.

   Example: "The board watched public market comps carefully before timing the listing."

Related Terms

• Down Market
• Exit Strategy
• Extended Runway
• Fee Structure
• Market Maker
• Aftermarket
• Quick Ratio
• Working Capital