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A comment on SEC Is Studying Spotify's Plan to Bypass IPO in NYSE Listing. Parent comment

Re:SEC Is Studying Spotify's Plan to Bypass IPO in NYSE Listing by afarrell on Tuesday August 22, 2017 @04:59PM (#15076340)
Spotify is mostly doing recurring payments. Folks could pay them via direct debit in the same way they pay their utility bills.
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Re:SEC Is Studying Spotify's Plan to Bypass IPO in NYSE Listing by notyourwork on Tuesday August 22, 2017 @06:49PM (#15077030)
They could but they also lose protections that payment processors give.
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