Is Fortnite Maker Epic Games REALLY Preparing To 'Go Public'? (VL409)

With rumors of Epic Games hiring an "Investor Relations" specialist, some have speculated that an initial public offering, or IPO, of the Fortnite giant's stock is imminent. But things are rarely ever so simple.

Let's dive in.

Organizing an IPO takes longer than a Fortnite...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/o9CReSZ1XRU

#Epic #Fortnite #IPO

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Discussed in this episode:

"EPIC Games could be going public"
ResetEra Thread - February 5, 2021
https://www.resetera.com/threads/epic-games-could-be-going-public.373695/

[Eyeballs]
Tweet - February 5, 2021 - Tae Kim
https://twitter.com/firstadopter/status/1357683320977584130

"Seems like Epic Games IPO won't be too far off."
Tweet - February 5, 2021 - Daniel Ahmad
https://twitter.com/ZhugeEX/status/1357721736469504005

"Investor relations"
Wikipedia Page
https://en.wikipedia.org/wiki/Investor_relations

"Public Company vs. Private Company"
Balance Website - Updated October 16, 2020
https://www.thebalancesmb.com/public-company-vs-private-company-what-s-the-difference-398422

"Why do private firms choose to run IR programs?"
IR Magazine - May 31, 2018
https://www.irmagazine.com/case-studies/why-do-private-firms-choose-run-ir-programs

"Why private family companies need investor relations"
Family Business Website
https://www.familybusinessmagazine.com/why-private-family-companies-need-investor-relations

"Epic Games unveils $1.78 billion funding round at $17.3 billion valuation"
GamesBeat - August 6, 2020
https://venturebeat.com/2020/08/06/epic-games-unveils-1-78-billion-funding-round-at-17-3-billion-valuation/

"Epic Games Announces $1.78 Billion Funding Round"
Business Wire - August 6, 2020
https://www.businesswire.com/news/home/20200806005349/en/Epic-Games-Announces-1.78-Billion-Funding-Round

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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

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Twitter: @hoeglaw
Web: hoeglaw.com