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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 nordsieck on Tuesday August 22, 2017 @06:05PM (#15076770)
It seemed to work just fine for Google. What evidence do you have that it doesn't work well?
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Re:SEC Is Studying Spotify's Plan to Bypass IPO in NYSE Listing by beejiu on Tuesday August 22, 2017 @06:18PM (#15076854)
Google's IPO auction famously just scraped the low-end of its estimate (after the range was revised down). It "popped" 18% on its first day of trading which - at very best - shows that dutch auction is no better than underwriting.

" The offer price of $85 was well below initial expectations" (https://www.vcexperts.com/buzz_articles/252)

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Re:SEC Is Studying Spotify's Plan to Bypass IPO in NYSE Listing by dlubarov on Tuesday August 22, 2017 @06:39PM (#15076979)
According to https://www.iposcoop.com/the-ipo-buzz-a-dirty-dutch-auction/ "the mean average of all 21 [auction IPO] opening-day gain[s] was 1.25 percent". So it seems like Google was an anomaly, but Dutch IPOs in general are not leaving much money on the table compared to traditional IPOs.
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