- The 12-year-old music streaming company Spotify went public on Tuesday, and people are wondering what made it so special.
- Analysts at the investment firm Goodwater Capital have a theory: It involves controlled growth and being in the right place at the right time.
- Spotify filled a need for both consumers and the music industry, Goodwater said in a report, and that’s why it’s still around.
The Swedish music streaming startup Spotify went public on Tuesday, and techies want to know what made this startup so special.
Though founded in 2006, Spotify didn’t even launch its product until 2008, and that was only in Europe. See the rest of the story at Business Insider
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See Also:
- Spotify is going public at a terrible time for tech stocks — but this chart should get investors excited
- Music streaming services like Spotify are the leading source of music revenue in the US
- Taylor Swift just picked Spotify to host her exclusive music video — on the same day Apple Music launched videos
