Bill Gurley – Direct Listing vs. IPOs

  • Famous Warren Buffett quote: If you’ve been playing poker for a half hour and you still don’t know who the patsy is, you’re the patsy.

  • The CFO of Spotify started in on this idea that the way we go about pulling off an IPO was designed 4 centuries ago

  • It hasn’t been updated for modern technologies. As a result there has been $171 billion of …

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