S.E.C., Goldman Sachs react to Spotify’s direct listing plan
Spotify’s slow ride toward going public has hit some unexpected bumps in the road. After much speculation that the streaming service would seek an IPO, the new trajectory appears to be a direct listing on the New York Stock Exchange. However, both investors and regulators have started reacting to this new business plan, indicating that a direct listing may not be the clear-cut action the company hoped. Continue Reading
