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IPO Alternative Loses Early Luster at Key Time For New Deals

  • TrillerNet, Amplitude may be next to test this model
  • SPACs overshadow direct listings as a novel way to go public
Updated on

They were hailed as Silicon Valley’s answer to the traditional Wall Street IPO. A way for founders of hot tech startups to sidestep the hefty fees and the millions of dollars potentially left on the table when bankers took them public.

But now, some are wondering whether direct listings can live up to the hype.