CNBC Television published this video item, entitled “Coinbase CEO on the choice to go public through a direct listing” – below is their description.
“I think SPACs and the traditional IPO and direct listing are all reasonable ways to go public. There’s not really a wrong way to do it,” Coinbase CEO Brian Armstrong told CNBC’s Andrew Ross Sorkin when asked why he chose to go public through a direct listing. “I wanted there to be just a true market on day one that set the price, not something that was set behind closed doors.”
CNBC Television YouTube Channel
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