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February 28, 2018 08:33 pm GMT
Spotify has finally filed to go public. But unlike most tech offerings, Spotify won’t be raising any money by issuing new shares. Instead they’ll just allow existing shares owned by investors and employees to be traded publicly on the New York Stock Exchange. No IPO means there are no investment banks to underwrite and price the offering, meaning the public markets will essentially… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/C3Cjvr7rsFo/
Heres what Spotify shares will be worth when they start trading
Spotify has finally filed to go public. But unlike most tech offerings, Spotify won’t be raising any money by issuing new shares. Instead they’ll just allow existing shares owned by investors and employees to be traded publicly on the New York Stock Exchange. No IPO means there are no investment banks to underwrite and price the offering, meaning the public markets will essentially… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/C3Cjvr7rsFo/
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