The next big step for Rocket was going public. It would allow them to unlock capital for future acquisitions, and allow every team member to own a part of the company – a great way to strengthen connections to the brand.
We wanted the announcement to make a big impression, with takeovers in the New York Stock Exchange, Times Square and downtown Detroit (home of our headquarters). I led our team through the development of not only the exciting visuals, but also the support materials for investors, regulators, clients and the general public. We went IPO with a stock price of $29/share.
Going public involved a lot of preparation to make sure all our teams – legal, banking, marketing, product, customer support – fully understood what it would mean for us to change our legal entity name. We dedicated a full year of preparation to make sure the change would go off without a hitch.