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A comment on Spotify Form F-1. Parent comment

Re:Spotify Form F-1 by prostoalex on Wednesday February 28, 2018 @04:27PM (#16487152)
Sounds like the company won't. Whoever places the first sell order on the exchange will get to determine the ask price.
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Re:Spotify Form F-1 by shkkmo on Wednesday February 28, 2018 @06:18PM (#16488196)
I would guess that without an established price there will be a very large buy-sell spread to start that will eventually converge at a price as people lower their sell bids and raise their buy bids.
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