The IPO also gives investors a hefty profit – at least on paper – and an efficient way to cash out by selling shares. That leaves them with lots of money – money that they can use to invest in other businesses if they choose.
“They’re basically going to look for new places to invest their money, so they can do it again and again and again,” Colligan said. “We’re going to see that in Buffalo. We’re definitely going to see that money recycled.”