Sounds like the company won't. Whoever places the first sell order on the exchan... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

lxm on Feb 28, 2018 | parent | context | favorite | on: Spotify Form F-1

Sounds like the company won't. Whoever places the first sell order on the exchange will get to determine the ask price.

shkkmo on Feb 28, 2018 [–]

I would guess that without an established price there will be a very large buy-sell spread to start that will eventually converge at a price as people lower their sell bids and raise their buy bids.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact