Squarespace Is Planning Direct Listing Instead of IPO

Website-hosting service [Squarespace Inc.] has decided to pursue a direct listing this year instead of a traditional initial public offering, according to people familiar with the matter.

https://www.bloomberg.com/news/articles/2021-04-14/squarespace-is-said-to-opt-for-direct-listing-instead-of-ipo

hope FT will add this when it arrives…

Hmmm :thinking: with the recent overpriced IPO deliveroo and direct listing coinbase are these initial listing stock a good investment or just money making for the corporate investors!