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Equity

A tale of two direct listings

Equity

TechCrunch

News, Business, Entrepreneurship, Business News, Technology

4.2372 Ratings

🗓️ 30 September 2020

⏱️ 12 minutes

🧾️ Download transcript

Summary

Two direct listings in one day. Lots to talk about. Asana started trading just a bit after noon Eastern today, quickly zooming to roughly about $29 a share in early trading this afternoon. Meanwhile, Palantir is running like a herd of bulls straight out of the gate, jumping to almost $11 a share in the first trades — a first day jump of nearly 50%.

Transcript

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0:00.0

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0:04.0

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0:09.0

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0:14.7

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0:18.4

proving that you are sock too compliant to your auditor. Companies like

0:21.8

Lattice, user testing, and hundreds of others have

0:24.5

successfully gotten their Sock-2 reports with Vanta. Equity listeners can redeem

0:28.7

a thousand dollars off of Vanta subscription by visiting Vanta.com

0:32.1

slash equity. That's Vanta.com slash equity that's Vanta.com

0:34.7

slash equity Hello and

0:46.7

welcome to Equity Shot, our quick hit on breaking news.

0:51.5

I'm Natasha Masquerainis and today joining me to talk about a tale of not one but two direct

0:57.7

listings on the same damn day is Danny Kriten. How are you Danny? I'm doing all right. This is exciting.

1:03.8

You know, we went from a world of no direct listings

1:05.8

to an occasional direct listing

1:07.0

to multiple direct listings in the same day.

1:08.8

So it's an exciting, exciting morning.

1:11.2

We can finally stop breaking up Spotify and Slack whenever we say the D

1:14.8

L word and we can mention Asana and Palantier, which are the two news hits we got today.

1:20.4

It's like a zoo of curiosities, you know, but lots of great stuff to talk about, where do you want to start with Asana or Palantir? What's more interesting to you?

1:29.0

I think I have to start with Palantir. And my big question is, you've been tracking it through every you know crazy

1:35.5

filing your high-level thought was this a successful debut on the Stark market for Palantir today?

...

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