Spotify: Preparing for a “Crowdfunding” IPO Unlike Snap?

In Snap’s massive IPO earlier this year, rookie investors had to wait for the big guys on the street to take their cut before buying their own, pricier shares of the disappearing photo company.

But when music-streaming service Spotify goes public, investors might not have to wait. The company is reportedly preparing to go public in a very different way, with shares offered directly to the public.

Spotify is seriously considering a direct public offering, according to people with knowledge of the matter, as reported by the Wall Street Journal. It’s a less costly process for the company going public as it cuts out the underwriters and the hefty fees that come with them.

Read Article: Fortune.com

Respond to Spotify: Preparing for a “Crowdfunding” IPO Unlike Snap?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s