The Spotify Deal
Call it what you will (IPO, DPO, simple listing) but Spotify (NYSE: SPOT) will begin trading in the public markets on April 3rd. The shares have a trading and price history that the company includes in their prospectus - they place a high emphasis on “transparency” in their corporate culture.
Spotify is a company we’ll be following since they are at the heart of how technology is changing in the music and entertainment business. They are also the gorilla in this segment amidst very large technology companies - they have 157M monthly active . . .