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Spotify For Fund Raiser Or IPO? All Options Are Open

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Whilst winning delirious praise from users wowed by its free music free ride, we’d forgive much-flattered Spotify for wanting to hunker down from here on in, focusing on building out a sustainable business…

So we were surprised to see CEO Daniel Ek quoted by The Register as saying: “We might put it on the stock exchange at some point, but we’re not in it for the short-term gain.” Separately, we hear the company may be looking for investment…

Thinking of an IPO already? New funds? Asked, the company tells us it’s “far too early to say”, and we’re sure that long-term future is still a way off – but “all options remain open”.

Perhaps that has something to do with the level of income needed to sustain Spotify’s royalty outgoings. Founders Daniel Ek and Martin Lorentzon put up 80 million Swedish kronor (then