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Amplitude CEO advocates direct listing to avoid 'huge' mispricing

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Sharanya Pillai

Sharanya Pillai

Published Tue, Sep 28, 2021 · 09:50 PM

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    Singapore

    SPENSER Skates, chief executive of Amplitude, is a big believer in direct listings. And he is even encouraging more chief executive officers (CEOs) to consider this route over a traditional initial public offering.

    On Tuesday, the GIC-backed data analytics company made its debut on the Nasdaq via a direct listing, joining a slew of other hot tech names to have done the same, such as Coinbase, Roblox and Palantir Technologies.

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