Money’s Easy to Burn: Spotify nabs a fresh $250M

The new infusion values Spotify at over $4B. But wouldn’t it be a significantly more interesting article if someone were to dig around and find out about:

a) how many investor’s passed on the chance to throw more into the pot

b) what’s the $$$ really for and what’s the current burn rate

Don’t get me wrong — I use Spotify daily and as a consumer, I love the service. But look around. Are they making any friends in this business? Things have a funny way of playing out over time. But hey, Other People’s Money…

Read more via: Spotify’s valuation soars over $4B after raising a fresh $250M | VentureBeat.

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About the author

Mike Dias is a Sales Director for Logitech. He specializes in consumer electronics & pro audio with an expertise in headphones & portable audio. He has over 15 years of experience selling custom handcrafted in-ear monitors.

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