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Would you invest in Spotify?

Discussion in 'Off Topic' started by stealthology, Nov 3, 2014.

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  1. stealthology

    stealthology Member

    Joined:
    Jan 24, 2013
    Messages:
    467
    Location:
    Hawaii
    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
     
  2. AndreN

    AndreN Member

    Joined:
    Feb 22, 2012
    Messages:
    106
    Location:
    Redmond, WA
    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
     

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