Comment on What a ‘Direct Listing’ Is, and Why Banks Are Nervous

What a ‘Direct Listing’ Is, and Why Banks Are Nervous

Hot technology startups have traditionally raised the cash they needed to break into the big time through initial public offerings. IPOs became synonymous with instant wealth for company founders and those lucky enough to buy those shiny new shares. But for some of the new generation of tech firms going public, one thing is very different: they don’t need the money.

 

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