Un Cascada de salida a bolsa (Initial Public Offerings Cascade) is created by the fact that an issuer of equity stock, unable to finance its own IPO, commits to use a portion of its proceeds in case of success of its own IPO, to finance one or more issuers in the same situation. Thereby, a domino effect is generated, enabling other oferta pública inicial transactions to be financed.

There are two different possibilities to operate an IPO Cascade:
either directly where each issuer whose IPO was financed is contractually obliged to finance to or more IPOs of issuers in lack of capital
o
through an IPO Incubator who surveys the execution and acts like a bank in a construction loan, paying directly the suppliers but not investing directly in the issuer.