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I love Spotify and will happily continue to pay a few bucks a month to use their services. Is going public really their best move though? It really seems logic
by pgeorgep 9y ago
I love Spotify and will happily continue to pay a few bucks a month to use their services. Is going public really their best move though?
It really seems logical that Apple would have acquired them by now and just merged them into Apple Music, once again giving Apple control over the online music industry.
- JamesMcMinn 9y agoI'd rather Spotify went public than got bought by Apple, Google, Microsoft or Amazon. The competition is good for everyone.
- adventured 9y agoGoing public is guaranteed to end in them getting acquired by a US media or tech company. Once public, it won't take long for the present owners to lose control to far more powerful financial entities. The VCs will all liquidate out, leaving a power vacuum that will be gradually filled by those new parties, and they'll do the same thing they always do.
- andy_ppp 9y agoSo buy spotify shares then, they’ll go up?
- Cthulhu_ 9y agoOr they go down until a party just buys all of their shares. It's pretty much a gamble.
- TheArcane 9y agoThis makes me sad. Being European, Spotify is one of the few European companies I'm proud of,
- samastur 9y agoI would be too if they bothered covering whole Europe. For example they are still not available in Slovenia unlike other services.
- Crontab 9y agoThere might be legal issues if Apple tried to do that, especially after buying Beats and its streaming service.
- pducks32 9y agoI’ve been considering this the past few days. As long as Google is around no one will try and hit Apple with a monopoly on Music. Music is controlled by three companies so it seems purely hypocritical to attack Apple if they decided to take this route. I don’t think they will by the way just from a theoretical point of view.
- c3534l 9y agoThey'll need to raise a lot of money if they're going to be competing with a company as big as Apple, which appears to be their plan.