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> those loans are scary Yeah, they had better IPO soon. I don't know for sure why they went with such onerous terms but I think that they thought they were gro
by ogezi 10y ago
> those loans are scary
Yeah, they had better IPO soon.
I don't know for sure why they went with such onerous terms but I think that they thought they were growing fast enough and would IPO this year. It turns out that that won't be the case [0], since they still have some deals to make with record labels and others. They have Apple on their heels. I like Spotify a lot but I don't think there prospects are good.
[0] https://techcrunch.com/2017/02/02/sources-spotify-may-delay-ipo-to-2018-as-it-rethinks-licensing-deals/ https://techcrunch.com/2017/02/02/sources-spotify-may-delay-...