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The UK gov is keen for Revolut (another SoftBank investment) to IPO in London as well, but it looks like they're trying to court Americans so they can make a bi
by nly 5y ago
The UK gov is keen for Revolut (another SoftBank investment) to IPO in London as well, but it looks like they're trying to court Americans so they can make a bigger splash there.
- jakey_bakey 5y agoAbsolutely no chance Revolut lists in London. They're super globally-focused and the founder wouldn't take the loss. Starling bank on the other hand, is a great prospect. It's still founder-controlled, UK-focused, and would be able to join the FTSE 250/100 quite easily where the S&P is beyond its reach.
- actuator 5y agoWhy would LSE listing be a loss? Would capital that moves in the US markets have any problem coming to the UK one if they see a good prospect?
- robbiep 5y agoThis is a bit of a take on the current dynamics - https://www.economist.com/britain/2022/01/29/britains-newly-listed-tech-firms-are-taking-a-beating https://www.economist.com/britain/2022/01/29/britains-newly-...