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I'm aware of what an IPO provides. >" I imagine Spotify can get decent debt financing terms b/c they have such a steady and predictable source of revenue (thou

I'm aware of what an IPO provides. >" I imagine Spotify can get decent debt financing terms b/c they have such a steady and predictable source of revenue (though not necessarily profit)." Again if this true, why would they raise a billion dollars in convertible debt?

Eridrus 9y ago
> Again if this true, why would they raise a billion dollars in convertible debt? Because debt is often a better instrument?