4 ms·Roblox Switches to Direct Listing from IPO with Investment5 points by marc__1 6y agoflurly 6y agoWhat's the difference between raising a mis-priced private round vs a mis-priced IPO. Is the main difference that ibankers get nothing in the former case?marc__1 6y agobecause there is no secondary market for the shares then Roblox received the 'optimal' investment