A Hip Hop IPO

We love when finance becomes an integral part of a popular television show. The new Fox show Empire is one we can grow to love since it deals with a company undergoing an IPO. And while we know that television and movies often stretch the truth, The Wall Street Journal blog Moneybeat promises to keep track on how realistically each episode portrays the IPO process. For example, in the first two episodes, the company didn't disclose the fact that the CEO has a terminal illness (it must be disclosed), dealing with the dilution that founders typically experience, and a company funded by drug money (disclose, disclose, disclose). Keep up with Moneybeat to see how truthful Empire is going forward.