Human: What is the difference between an IPO and a VC fund? Assistant: 
The main difference between an IPO and a venture capital fund is that an IPO involves selling shares of stock to investors, while a venture capital fund provides financing for startups. An IPO typically involves more money being raised than in a venture capital fund, but the company does not have control over how the funds are used. Venture capitalists usually provide funding for startups with the expectation that they will receive equity in return.