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Martin Lorentzon and Daniel Ek demands action from politicians – or else “thousands of Spotify jobs” will move to the U.S. In an open letter (in Swedish) titled “We have to act or be left in the dust”, the two founders of the streaming service says that their company might be forced to move its business […]
Some people have gotten large discounts on Spotify shares over the last few weeks, and one of the largest shareholders writes down its shares. On tuesday evening, the news broke that Spotify has raised almost $1 billion in convertible debt from hedge fund Dragoneer and venture capital firm TPG, among others. Other than the loan itself, the […]
Tech companies are lagging behind when it comes to the number of women at the board. Klarna and Mathem are the least bad. The fact that the startup scene is dominated by men is hardly newsworthy nowadays. But a lot of people still reacted to Breakit’s report on the issue a year ago. We revealed that […]
New numbers might show the reason why Adele and Taylor Swift are boycotting the audio streaming service. For the last several years, the Swedish audio service Spotify has been widely criticized for its so called freemium model. The business model lets the users enjoy the music available without paying, by accepting commercials in between songs. The […]