Can someone tell me how a company can do an IPO w/no revenues or income? I'm not talking about any particular company, but I've seen it done. Or how can an existing pubically traded company with a net loss stay in bussiness. Seems like I always hear about companies having net losses for 8 straight quaters or something, how can these companies stay in business. Seems like just about anyone with an idea for a company can do an IPO today.