52 Films Directed By Women Vol 1: 58. EQUITY (Director: Meera Menon)
Equity, a drama about the launch of an IPO (initial public offering) of a tech company, could be the most radical film of the ’52 films directed by women’ that I have reviewed in this series. And by the way, I know it is number 58, but I don’t do your taxes. Written by Amy Fox and directed by Meera Menon, it is a film that presents three confident and ambitious women working in corporate finance. This subject is not immediately interesting to a mass audience in part because some explanation is needed. So here goes. The purpose of an IPO is to create capital for an existing company by having it valued and then putting shares on the market. A successful launch means that the company will trade on its share price launch or higher. This means the company will generate the capital it hopes for in order to expand its business. However, if the share price drops below its opening price and doesn’t rally (increase), the company will have less money. Increasing the number of shares in th...