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?
Sarah Jessica Parker is more than just an Emmy winner, she’s now bringing her star power to a wine shelf near you with an award winning Sauvignon Blanc.
The National Retail Federation reports Americans are expected to spend $20.1 billion on Father’s Day gifts this year. Yes, funny cards are still accepted.
Simpson’s gridiron legacy was forever overshadowed by the 1994 knife slayings of Nicole Brown Simpson and her friend Ronald Goldman. A criminal court jury found him not guilty of murder, but a separate civil trial jury found him liable.