Happy hump day! Quick note to say the newsletter will be taking a brief hiatus over the holidays. We'll be back on the 31st with a best-of edition, highlighting our top stories from 2020. Here's wishing you all happy holidays and a healthy new year! If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals. Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. It's direct listings, but with a twist. On Tuesday, the Securities and Exchange Commission approved a plan from the New York Stock Exchange that allows companies to raise fresh money during a direct listing. Previously, companies that chose to go public via a direct listing, as opposed to an initial public offering, were unable to issue new shares and raise funds. Yoonji Han spoke to three securities experts to understand how it works, and what it means for startups eyeing the public markets, of which there are a lot. Click here to read the entire story. Speaking of looking ahead, Shannen Balogh surveyed four fintech investors about what to look out for in the new year. She got a wide range of answers, covering everything from finfluencers to innovations in loan origination. Read the full recap here. |
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