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Spotify is filing for an unconventional IPO

  • BetaNews faviconBetaNews

    By Mark Wycislik-WilsonMar 1, 2018, 5:20 am54 pts
    photo of Spotify is filing for an unconventional IPO imageMusic streaming service Spotify is planning to go public. The company is making a "novel" move which it acknowledges is "risky": opting for a "direct listing" rather than the more usual fundraising route. The company will allow its investors and employees to sell shares, and there will be no need to raise more…
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