By John Glenday
Spotify founder Daniel Ek has spoken of the opportunities presented by his companies listing on the New York Stock Exchange today after a surprise decision to ditch planned Initial Public Offering.
Explaining his decision to forego a headline-grabbing IPO Ek wrote on the company blog: “Normally, companies ring bells, Normally, companies spend their day doing interviews on the trading floor touting why their stock is a good investment. Normally, companies don’t pursue a direct listing. While I appreciate that this path makes sense for most, Spotify has never been a normal kind of Read full story ›
Source: The Drum