Spotify Is Worth $16 Billion And I’m Getting Scared

In private trading, Spotify is now reportedly worth $16 billion.  But when’s the profitability part? Top executives jumping ship.  Years in operation without a profit.  Multiple financial reports showing ever-mounting losses.  Lavish offices that cost more than what the company earns. Several months ago, due to a lack of a sustainable business model, SoundCloud faced […]

The post Spotify Is Worth $16 Billion And I’m Getting Scared appeared first on Digital Music News.

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