“It’s All About the Returns”: Will Silicon Valley Eat Wall Street’s Lunch? - Vanity Fair

This reads as quite biased in favour of direct listings but it’s quite insightful.

There is no highly engineered first-day-of-trading pop—an increase in the stock price that is often a bonanza for the institutional clients of the Wall Street underwriter and usually comes at the expense of retail investors.


About time.

An interesting video on the history of Spotify including why they went for a direct listing - A Brief History Of Spotify: Gustav Söderström - YouTube

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