Music streaming service Spotify, valued at roughly $19 billion in the private markets, has also filed for a direct listing and will debut on the NYSE on April 3. ....... A direct listing lets investors and employees sell shares without the company raising new capital or hiring a Wall Street bank or broker to underwrite the offering.
Thursday, March 22, 2018
Direct Listing
The idea of a direct listing is intriguing.
Could IBM Have Bought Microsoft?
Not likely. Microsoft did try to buy Google, "at any price." And Google did try to buy Facebook. But the Blockchain is not just the next Google or Facebook, it is an entirely new platform, it is the next Internet. There is no buying the Internet.
It would be hard, perhaps impossible, for a company like Google to also be big on the Blockchain. It is an Internet company.
Brave is a web browser that competes with Google’s Chrome. Instead of running targeted ads, Brave uses blockchain technology to pay websites when people spend time there. BitClave lets people perform searches online, and get rewarded for seeing ads. Another project, Presearch, is also using blockchain to try to compete with Google’s search engine
A Small Sales Tax Makes Sense
It makes sense for the giant tech companies to pay something like a 3% tax to local jurisdictions globally, why only Europe? It goes beyond purchases. If data is the new oil, the people sitting on the oil wells, those billions of people, ought to have a say.
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