What was so special about the Spotify IPO and what does that mean anyway? Further, how do IPO’s normally work?
In this episode, I talk with Stephen Ngao about Spotify’s recent IPO because Spotify took an unconventional route by conducting their Initial Public Offering all on their own. They opted not to use the traditional services of an investment bank. With this in mind, we shed a little bit of light on the situation and how the process works.
We touch on:
-Spotify’s business model and market opportunity
-What an IPO is
-Why companies might choose to IPO
-Why Spotify IPO’ed
-How the traditional IPO process works
-What impacts the non-conventional IPO may have on Spotify
-The self-conducted IPO symbolic of falling barriers-to-entry in capital markets of the economy
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