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Spotify founder speaks of opportunities as streaming service goes public

on Apr 3, 2018 | 0 comments

By John Glenday

Spotify founder Daniel Ek has spoken of the opportunities presented by his companies listing on the New York Stock Exchange today after a surprise decision to ditch planned Initial Public Offering.

Explaining his decision to forego a headline-grabbing IPO Ek wrote on the company blog: “Normally, companies ring bells, Normally, companies spend their day doing interviews on the trading floor touting why their stock is a good investment. Normally, companies don’t pursue a direct listing. While I appreciate that this path makes sense for most, Spotify has never been a normal kind of Read full story ›

Source: The Drum