Expect to see the best companies separate the tasks of capital raising + listing by going public through direct listings. Why pay an additional 20-50% “fee” to the banks' most active trading customers when those returns belong to companies’ shareholders? https://t.co/CeyBlssJcO
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Wall Street suffered its worst day of the year over the escalating U.S.-China trade tensions, extending a slide that began last week and worsened after President Trump threatened new tariffs on China. Today's declines also spread across Europe and Asia. https://t.co/yinMHG5KVH