How is Spotify raising capital from this if it's not selling shares directly? Wi... | Hacker News

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		pure_ambition on April 3, 2018 \| parent \| context \| favorite \| on: Spotify opens on NYSE, valuing company at almost $... How is Spotify raising capital from this if it's not selling shares directly? Will it wait until later to offer stock directly to the markets?

occamrazor on April 3, 2018 [–]

They aren’t raising any capital. This is an opportunity for the shareholders (and maybe for employees with stock options) to cash out.

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