Is Spotify really worth $23bn?

Discussion in 'General Discussion' started by discussion, Mar 1, 2018.

  1. discussion

    discussion Community Team Member Staff Member Community Team

    Jan 8, 2018
    Spotify just had an IPO which valued them at $23 billion. Do you think they are really worth $23bn? Any of you guys on here ever used Spotify?
  2. Golddisk

    Golddisk General Manager Staff Member Admin

    Feb 10, 2016
    I never use Spotify. I used to use Pandora, but lately I just listen to music on Youtube. It has built playlists automatically for me. However, I do know of a lot of people who do use it so it could be worth quite a bit of money. I heard about this through another article where it talked about how Apple had the chance to kill Spotify when it was beginning, but didn't see it as a threat to its music business. Now it most certainly is, but Apple also relies way less on itunes than it used to, so it probably doesn't really matter.

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