Would you invest in Spotify?

[stealthology]

Hey guys,

I recently ran into an opportunity to buy shares of Spotify. It's a private company still. I was just curious to see what you all thought on the service and the industry in general.

Thanks,
Dan

 

[AndreN]

I had a chance to buy into a fund buying private shares of Spotify a few months ago and ended up passing on it. My concern was they were growing more free subscribers over paid ones, which made me question when they'd ever be profitable. I think this is the article I read at the time: http://readwrite.com/2014/01/16/spotify-paid-subscribers-problem

Another similar article: http://mediadecoder.blogs.nytimes.com/2012/08/24/pandora-and-spotify-rake-in-the-money-and-then-send-it-off-in-royalties/?_r=0