Slack, Spotify and Michael Lewis will join big-shot Silicon Valley investors to talk direct listings
From the buy side — the investors who buy public stocks — the event will feature a discussion between money managers at Wellington, Holocene and Altimeter.
"The days of handing low-priced securities, diluting the company to a bunch of long-only shops in Boston and New York, I think those days are over," Gerstner said. Spotify pioneered the direct listing model and Slack became the second major company to take that route this year. Airbnb is leaning in that direction for its 2020 debut.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Reserve Bank of India to pick up slack as India stimulus measures to fall short - Reuters pollRecent stimulus measures announced by the Indian government will be insufficient...
Read more »
Silicon Valley investors call a summit to rethink the IPO businessVenture capitalists and tech entrepreneurs will meet to discuss IPO alternatives, including direct listings.
Read more »
Ryan Reynolds Goes Full Action Hero In 6 Underground TrailerRyan Reynolds Is The Action Hero Of Your Dreams In Netflix's Explosive 6 Underground Trailer
Read more »
Bill Gates and Steve Jobs raised their kids tech-free — and it should've been a red flagA new book suggests the signs may have been clear a decade ago, based on the attitudes of Silicon Valley elite, that smartphone use should be regulated.
Read more »
This year's poor performing IPO class is causing a 'reckoning' among private investorsThe disappointing IPO season has led some to question the lofty valuations of late-stage private companies ahead of their public debuts.
Read more »
Big name IPOs in third quarter brighten gloom for equity market fundraisingA couple of hefty share listings in Europe and the return of AB InBev's Asi...
Read more »