Acquired cover image

Season 2, Episode 6: Spotify’s Direct Listing

Acquired

00:00

The New York Stock Exchange Mistakenly Raised the Swe, Fine Day

Barry is the one who really leads the charge saying, why would we do an ipo and give seven % of the offering a raise money when we don't need it? Let's just do this direct listing. The first trade happens at a hundred and 65 dollars a share, and 90 cents,. right around a 30, which is totally weigh higher. Two days later, here were thursday morning, am still trading about a hundred and 50 dollars a share so right around just below a 27 billion dollar market cap. That would be relly afoll.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app