Become an InsiderTwo events happened recently that will cause more highly valued startups to consider going public with direct listings, cutting the big investment banks out of the process.
Direct listings, where companies allow existing shareholders to sell their shares on the public market without the use of investment bankers, give existing investors more freedom to sell their stock earlier. They can sell during the honeymoon period before the company's stock gets impacted by its ability to meet Wall Street's demanding quarterly expectations.
He says when it comes to how tech companies go public he "doesn't care" and isn't pushing for any of his billion-dollar "unicorn" investments to consider direct listings.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside McDonald's whirlwind week and how brands are using TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Radius Bank review: Cash-back checking, no monthly fees - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Insider Transportation: EV startups take a new road to public markets - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The life-changing advice that helped me grow my small business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How 8 private aviation execs are preparing for loss of business travel - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »