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Posted on: Oct. 29, 2019, 10:31 p.m.
Bank of America has become a proponent of direct listings, an alternative to the traditional initial public offering process, some of its top tech bankers told Business Insider recently. A direct listing is a much more streamlined process than an IPO, and typically means lower fees for the banks involved. But interest in direct listings has been growing in Silicon Valley, and Bank of America thinks it can benefit by long-term by helping companies with them, the bankers said. Full investment news articleRelevent to this post: Bill Gurley Michigan State University Office of Investments,