On: Spotify preps to go public with 60M subscribers

[nodesocket]

Nice. Maybe they can purchase SoundCloud with the IPO proceeds.

[elmar → nodesocket]

Spotify is gearing up for what’s being called a “direct listing,” where the company intends to go public without doing an IPO. Insiders, not the company, will be selling shares to the stock market.

No proceeds, only investors caching out.

[louiskottmann → nodesocket]

Now that's a neat idea, they could offer the artists a platform to support them from genesis to well-known