Maureen Farrell, Reporter at The Wall Street Journal, discusses Spotify's non-traditional approach to going public. The company will do a direct listing where three major banks will split a mere $30 million.
Farrell talks about the pros and cons of filing this way. Even though banks lose money with a filing like this, it gives more transparency to employees and investors when buying and selling shares of the company. Farrell also talks about the unprecedented nature of such a filing, noting that there are concerns about whether the direct listing will go smoothly. If the listing goes well, will other tech companies follow suit?
Thailand's Chacha Singsuwan turns fish sauce and lobster butter into award-winning cocktails. Discover how her zero-waste approach is redefining mixology.
An exclusive look inside New York City's Superbueno with founder "Nacho" Jimenez, who's Mexican-American concept has just been named the best bar in the country
