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?
Kendall Tichner, founder and CEO of Wild Captives Archery Range in Brooklyn, NY, joined Cheddar News to discuss how she got started after going viral with her skills during the pandemic and how it led her to open her archery range where she wants to cater to more women and LGBTQ+ communities.
Emmy-winning actor Andre Braugher, best known in TV shows like 'Brooklyn Nine-Nine' and 'Homicide: Life on the Street,' died on Monday at the age of 61.
The Emmy-winning actor died at age 61 after a brief illness. Braugher was best known for starring as Det. Frank Pembleton in the critically acclaimed 1990s series "Homicide: Life on the Street" and as the deceptively stone-faced Capt. Ray Holt on the comedy "Brooklyn Nine-Nine" in 2013-2021.
A study out of South Korea looked at over 23,000 people and found those who spend more than an hour commuting to work are 16% more likely to experience depression.
