133 - Goodbye IPO, Hello Direct Listing?
Fortt Knox27 Elo 2019

133 - Goodbye IPO, Hello Direct Listing?

15 years ago this week, Google had its IPO. Initial Public Offering. That means shares of its stock were available to buy for the first time. I was working as a tech reporter in Silicon Valley at the time and remember it was a big deal for a couple of reasons. One, Google’s IPO was a glimmer of hope after the dotcom bust. Two, Google was trying to reinvent the IPO by making it more transparent. They used a process called a Dutch Auction. Today the IPO hasn’t changed for the most part. But maybe it’s about to. Prominent venture capitalist Michael Mortiz of Sequoia Capital wrote an op-Ed this week arguing that Slack and Spotify are leading the way to a better day where Wall Street fat cats won’t control and mystify the process of going public. But what would that mean for mom-and-pop investors? What would it mean for startup employees looking to make good? This week to talk the future of the IPO I’ve got Mr. IPO, Jay Ritter, University of Florida Cordell Professor of Finance. Also joining me later on here at the Nasdaq I’ve got Kevin Delaney, Quartz Editor in Chief; and from San Francisco, Connie Loizos, TechCrunch Silicon Valley Editor and my former colleague at a certain newspaper in Silicon Valley.


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Jaksot(147)

147 - New Life for Fortt Knox on LinkedIn and YouTube. See You There!

147 - New Life for Fortt Knox on LinkedIn and YouTube. See You There!

https://www.linkedin.com/in/jonfortt/detail/recent-activity/https://www.youtube.com/c/forttknoxI should have posted this way earlier, but I've been getting questions. Here's the skinny: Fortt Knox is ...

26 Syys 20202min

146 - AWS CEO Andy Jassy on JEDI, the Cloud's Future and More

146 - AWS CEO Andy Jassy on JEDI, the Cloud's Future and More

In the late 1990s, Andy Jassy pitched a wild idea to his boss and mentor, Jeff Bezos: What if Amazon developed another business, delivering computing power and storage . Two decades later, it stands a...

7 Joulu 201945min

145 - Trump and Apple’s CEO Talk Business in Texas

145 - Trump and Apple’s CEO Talk Business in Texas

A walk to remember. Apple CEO Tim Cook and President Donald Trump in Texas this week, and it’s a high stakes photo op. They’re at the factory in Austin Texas where Apple’s Mac Pro computer is assemble...

23 Marras 201929min

144 - A Fresh Look at Design: Melanie Perkins, co-founder and CEO of Canva

144 - A Fresh Look at Design: Melanie Perkins, co-founder and CEO of Canva

I was on the road this week, doing a little tour of California. Three cities in three days. San Francisco Monday, L.A. Tuesday, San Diego Wednesday. Adobe’s MAX conference was this week in LA, where t...

10 Marras 201919min

143 - Microsoft JEDI: The Empire Strikes Back; with Morgan Brennan

143 - Microsoft JEDI: The Empire Strikes Back; with Morgan Brennan

It's the biggest single cloud contract … possibly ever. Definitely the most talked about. The Pentagon's Joint Enterprise Defense Infrastructure contract. JEDI, going to: Microsoft late last week. The...

2 Marras 201925min

142 - Mr. Zuckerberg Goes to Washington: with John Stanton and Farhad Manjoo

142 - Mr. Zuckerberg Goes to Washington: with John Stanton and Farhad Manjoo

Facebook CEO Mark Zuckerberg in Washington this week arguing for Libra, the digital currency his company created and wants to build around. This after he last week made the case in front of an audienc...

26 Loka 201926min

141 - Tech's Free Speech Challenge

141 - Tech's Free Speech Challenge

Tech just can’t get away from politics.  Senator Elizabeth Warren has a bone to pick with Facebook. Mainly its standards for political ads. After Facebook refused to take down a Trump Campaign ad that...

19 Loka 201926min

140 - Savings and Startups: Credit Carma CEO Ken Lin; Snowflake CEO Frank Slootman

140 - Savings and Startups: Credit Carma CEO Ken Lin; Snowflake CEO Frank Slootman

It’s hard to save money these days – and I’m not talking about the new phones and earbuds that come out this time of year and tempt you to spend. Interest rates are really low. Which is great if you’r...

13 Loka 201942min

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