Re:Spotify opens on NYSE, valuing company at almost $30B
by wweidendorf on Tuesday April 03, 2018 @01:43PM
(#16747143)
Not even remotely - they made out better on this than other recent IPOs.
They are paying 35 - 40 euros or ~$45 million at the midpoint. If they float $1 billion in shares today, that means fees are 4.5% of the overall “offering”, or almost exactly what Dropbox paid.
They are paying 35 - 40 euros or ~$45 million at the midpoint. If they float $1 billion in shares today, that means fees are 4.5% of the overall “offering”, or almost exactly what Dropbox paid.
https://www.bloomberg.com/news/articles/2018-03-26/spotify-l...