With $600 Million ‘Blank Check’ IPO, VCs Experiment on Startup Listings

www.bloombergquint.com

A $600 million initial public offering Thursday hopes to test one venture capitalist’s theory that leaving the details of a listing to others will provide a smoother path to public markets for venture-backed companies. Social Capital Hedosophia Holdings Corp., a “blank check” company created by venture firms Social Capital and Hedosophia, priced 60 million shares Thursday at $10 a share. The stock rose as much as 4 percent on its first day of trading.

We'll see how it goes this time around...

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