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January 19, 2019 07:07 pm GMT

TechCrunch Conversations: Direct listings

Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listingprocess rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors directly to the market – bypassing the roadshow process and avoiding at least some of Wall […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yFUbBXoGef0/

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