Upending Wall Street

The New Bazaar | 26 July 2022 | 1h 03m | Listen Later | Podcasts | Spotify
Interview with Dakin Campbell about his book Going Public: How Silicon Valley Rebels Loosened Wall Street’s Grip on the IPO and Sparked a Revolution. Discusses the traditional way a company lists its shares with the help of investment banks with an IPO, or initial public offering; the scepticism companies have had about that process; Google’s Dutch auction; and direct listings and other innovations spurred by the way that Spotify went public.

I also recommend the Invest Like the Best interview from 2019 with Bill Gurley about the case for taking a company public with a direct listing rather than through a traditional IPO.

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