OT Spotify will start trading April 3

[world famous 3rd base hecklers]

I don't get it... If Spotify is so great and better than Apple music, then why are losing money???


https://www.cnbc.com/2018/03/15/spotify-ipo-roadshow-webcast.html

https://www.sec.gov/Archives/edgar/data/1639920/000119312518063434/d494294df1.htm

Spotify had an operating loss of $461.3 million last year and revenue if $4.99 billion. It has 71 million paying subscribers and more than 159 million monthly active listeners (MAUs) as of December 2017.

 

[Horseshoe 04]

curious what the opening offering will be, worth watching.

 

[rogue cock]

I don't get it... If Spotify is so great and better than Apple music, then why are losing money???


https://www.cnbc.com/2018/03/15/spotify-ipo-roadshow-webcast.html

https://www.sec.gov/Archives/edgar/data/1639920/000119312518063434/d494294df1.htm

Spotify had an operating loss of $461.3 million last year and revenue if $4.99 billion. It has 71 million paying subscribers and more than 159 million monthly active listeners (MAUs) as of December 2017.

Heavy investing in streaming equipment is what I've read. Evidently, it takes deep pockets to run a streaming service. But according to some analyses, the streaming services are just beginning to take off...and Spotify seems to be in the best position to take advantage of it.

 

[vehemon]

Heavy investing in streaming equipment is what I've read. Evidently, it takes deep pockets to run a streaming service. But according to some analyses, the streaming services are just beginning to take off...and Spotify seems to be in the best position to take advantage of it.

All major startups run massive deficient at the beginning.

The only true commodity of whether an internet startup will succeed is active user base count.

Facebook ran on a 'deficit' for many years propped up by VC/angel investments.

Those VC/angel investment holders are riiiiiiiiiiich now.

Spotify will be around a lot longer than snapchat will be.

 

[world famous 3rd base hecklers]

Hope it doesn't end up another iheart radio

Largest US radio company iHeartMedia files for bankruptcy

https://www.cnbc.com/video/2018/03/15/largest-us-radio-company-iheartmedia-files-for-bankruptcy.html