GARAGE
Amplitude CEO advocates direct listing to avoid 'huge' mispricing
Add BT as a preferred source
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.
TRENDING NOW
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
Singapore banks’ battle for wealth talent goes beyond private bankers
Car dealer charged in S$1.1 million tax evasion case involving Porsches, Ferraris, Rolls-Royces
A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap
