resharker

3 ms·

1. 1.▲
   by resharker 10y ago

   Convertible debt as to not dilute the share pool. As is typical, there are also financial incentives to VPs to make the IPO happen in time. It would be very interesting to know if the lenders of the 1B anticipated this and are planning to i
2. 2.▲
   by resharker 10y ago

   Not particularly when you consider that Spotify's contracts with content providers obligate a 70% cut. The skunkworks projects to capitalize on data/ads/listening behavior/etc. have not cumulated into considerable value
3. 3.▲
   by resharker 10y ago

   I work for Spotify and I can tell you the company's spending is completely out of control. Between throwing parties where they fly every single employee out to Sweden to party or purchasing Echo Nest, only to ditch the tech later for i