Although the most common way for a company to go public is through the traditional initial public offering (IPO) process, it’s not the only method. Although SPACs (special purpose acquisition companies) were first created in 1993, in the last few years they became a very popular way for a company to go public. It’s a little like a backdoor to going public because it happens w...

Restricted stock units (RSUs) are stock grants from an employer that give employees shares of company stock at no cost to the employee, but the shares are subject to vesting. Until vested, RSUs generally have no value. Vesting is typically time-based over four to five years, though employees at priva...