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Simple English definitions for legal terms

going public

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A quick definition of going public:

Going public is when a company decides to sell its stock to people who want to invest in it for the first time. This means that the company becomes a public corporation and has to follow certain rules and regulations set by the government.

A more thorough explanation:

Definition: Going public is the process of a company selling its stock to the public for the first time. This happens after the company files a registration statement under applicable securities laws. Once the company sells its stock to the public, it becomes a public corporation.

One example of going public is when a startup company decides to sell its stock to the public for the first time. This is often done through an initial public offering (IPO), where the company offers shares of its stock to investors in exchange for capital.

Another example is when a privately held company decides to become a public company in order to raise capital for expansion or other business purposes. By going public, the company can sell its stock to a wider range of investors and potentially raise more money than it could through private funding.

These examples illustrate how going public can be a significant milestone for a company, as it allows the company to access new sources of capital and potentially grow its business more quickly.

going private | going through the bar

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18:03
Quentin Tarantino can't resist putting a gay scene with a black guy participating in the gay act in his movies.
18:05
David Lynch is just gay.
18:18
Lynch is more in touch with his unconscious/dream state than the average person
18:42
Probably. I just dont know. All I know is he did a good job with Dune.
18:45
You should watch Blue Velvet
18:46
How’s your LSAT studying been going?
18:49
It is good. I have about two more weeks and I broke the 90 level on LSAT Demon which is good last night. My goal is 95 so I can probably get it before I test. It is scaled our of 100. This is for LR. My RC is below that but I know the more I get better at MBT questions the better my RC becomes.
18:50
I watched the trailer for that movie. The run time is 2 hours. May watch it on 2x the speed. Just watched se7en and thats like as graphic as I get so I kinda need a break from weird bodyhorror stuff. The sloth guy in that movie scared me.
18:51
I do like psychological horror though.
18:53
Oh jesus don’t watch the movie at all if you’re gonna watch it on 2x speed
18:54
I have never used lsat demon; how do their levels relate to actual lsat scoring?
18:56
kinda go in 20 point intervals. 20 points if you have mastered lvl 1 difficulty questions, 100 points if you have mastered lvl 5.
18:56
Getting 100 points is incredibly difficult though. anything baout 95 is pushing the 175-180 range. 90-95 is like 170-174 or so. etc.
18:56
yeah but if you’re getting a 95 on all sections what LSAT score is that? how is that calculated?
18:56
oh okay
18:57
so 100 would be a 180?
18:57
Yeah, 100 is like you would get a 180 and there's nothing more to teach you. I have only seen someone with a 100 like 2/3 times.
18:57
are you taking practice tests that are being scored though?
18:57
or just drills
18:57
Yep, they get factored into it.
18:58
I do drilling essentially every day. A timed section every 3, and a test every 2 weeks.
1a2b3c4d26z
20:06
re: WashU's URM lsat differential - fair to chalk that up to LSAT redaction weirdness messing w the scale or are they generally starved for URMs
1a2b3c4d26z
20:07
And an (albeit negligible) inverse URM GPA differential
Just found out LSAC gpa is different from offical from undergrad, went from 3.0 on 4.0 scale to 2.67... Guess I'm a super splitter rather than a splitter
just submitted my first ever app! and now I am consumed by The Dread
23:55
@SassyLearnedSquid: congrats
23:56
@OppositeEarlyCorgi: yep, fuckin sucks. My community college is scalled down by LSAC so I go from a 3.77 to a 3.44 or some shit like that.
23:58
My community college didn't have the A+ grade and only A's at 4.0 so there are classes I know I got an A+ in and should have a 4.0 but LSAC sees it as a 3.7 or whatever.
23:58
Idk, hard to describe.
23:59
My bad, should have had 4.33 but LSAC sees it as 4.0
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