Exchange Invest 2096: LSEG sets tech listing record
LSEG celebrates a smooth DPO with the largest tech and fintech listing in LSEG history
061 Exchange Invest Weekly Podcast September 5th
The SEC, in the USA approved the New York Stock Exchange proposal to let companies raise cash through direct listings.
060 Exchange Invest Weekly Podcast August 27th
the Indian energy exchange, have a surprise change of CEO. Rajiv Srivastava tendered his resignation during the week for personal reasons after only one year in office
Exchange Invest 1851: August 29, 2020
Please feel free to share today's issue with friends and colleagues
Exchange Invest 1850: August 28, 2020
Bad news: DDOS crisis at NZX continues.
Exchange Invest 1848: August 26, 2020
Issue 1848 of Exchange Invest coincides with the year when the Communist Manifesto was published and the Chicago Board of Trade was founded in a city only incorporated 11 years earlier
Spotify: A few final thoughts
The life cycle of Spotify had been trading a bit north of 40 up to around 115 dollars before listing - so in other words for all the complaints about Spotify’s volatility in a very volatile underlying week for the stock market, actually the stock was above the upper echelons of private trading.
Spotify: Raising Money?
Spotify has found a decent equilibrium; From here it could actually engage an investment bank to do a follow on of some kind - and likely not suffer a huge dip in price...or a rights with a lesser discount.
Selling Spotify
So, arguments to justify the position of investment bankers have included the tedious, the tortuous and the just plain daft, including: They didn’t raise any money.