David Spitz, CEO, ChannelAdvisor
I’ll never forget the sound of the bell ringing. As I stood on the platform of the New York Stock Exchange, surrounded by our senior leadership team, I knew it was a moment I would never forget. The jubilation was like the final ringing of the class bell on the last day of school. But this wasn’t an ending — this was the beginning of a new era. On May 23, 2013, ChannelAdvisor went public.
The process of filing an initial public offering (IPO) certainly didn’t start there — it ramped up almost a year earlier, in what felt like a lifetime. IPOs are a spectacle. They’re thrilling, exhausting, time-consuming and rewarding, all at the same time. At a high level, the process looks like this: