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As an Rdio shareholder I was told that the labels did have equity, but certainly not a majority stake. I'm not sure exactly how much they had.
by jmtulloss 11y ago
As an Rdio shareholder I was told that the labels did have equity, but certainly not a majority stake. I'm not sure exactly how much they had.
- bsimpson 11y agoYou'd certainly know better than I would. It seemed strange to me as well (esp after seeing how much outside funding they had raised), but the people I heard it from seemed both credible and adamant. It's also possible that the cap table has changed since I heard this (years ago) and now.
- toomuchtodo 11y agoAny chance we'll get to see the cap table now that Rdio is being liquidated?
- uzi 11y agoI guess this is a good place to give a shout out to jmtulloss, who is one of the many talented engineers responsible for implementing the Rdio web interface... ... as well as plug https://spotbot.qa/ https://spotbot.qa/, which he is working on with another early Rdio employee.