Spotify Investor: We’d Like to Go Public In the Next Few Years…

December 12, 2012 at 10:29 pm Leave a comment

Source: DMN

Music is fun and all, but now it's time to make a crapload of money. And now, Spotify's biggest investor is stating the obvious out loud.  In comments to Reuters this week, Northzone general partner and Spotify board member Par-Jorgen Parson planted the rough timetable on a near-term IPO, just like Pandora.  

  

"We, meaning Northzone, would assume the most logical way of building for the long term would be to IPO the company in a few years time or so."   

 

Spotify is now valued north of $3 billion, and Northzone says they are the biggest stakeholder outside of the cofounders.  And, with well-connected, moneyed backers like Goldman Sachs now on board, the road is smoothly paved towards Wall Street.  

 

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