Spotify opens on NYSE, valuing company at almost $30B
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Spotify opens on NYSE, valuing company at almost $30B
1–10 of 479 posts
Re: Spotify opens on NYSE, valuing company at almost $30B
#2Contrasting this offering, where there were no underwriters and things proceeded spectacularly, with the Dropbox IPO, where the underwriters added negative value, speaks profoundly to the future role of private markets in the capital markets for technology companies.
Disclaimer: I bet my career on private markets supplanting public ones, in respect of certain technology companies, many years ago.
Re: Spotify opens on NYSE, valuing company at almost $30B
#3How much are the investment bankers earning on this?
Re: Spotify opens on NYSE, valuing company at almost $30B
#4So i bought in, who knows where this will go though :)
One of my hopes it that just like NFLX, once the company focuses on producing / licensing it's own content they can do really well.
I'm interested in hearing what others have to say on this! Did you buy, will you buy? Why?
Re: Spotify opens on NYSE, valuing company at almost $30B
#5Maybe my perception is off, but it seems like we're getting lots of tech IPO's in a relatively short time. Stitch Fix, Dropbox, Blue Apron, Snap, and Roku to name a few.
For a long time we weren't seeing too many big tech IPO's. Did something fundamentally change in the market to lead to this, or did all these companies just happen to make it to "market maturity" around the same time?
Re: Spotify opens on NYSE, valuing company at almost $30B
#6This has investment bankers quaking in their boots.
Re: Spotify opens on NYSE, valuing company at almost $30B
#7Spotify Revenue (Euros)
2017 4.09 billion
2016 2.95 billion
2015 1.94 billion
Net Loss (Euros)
2017 1.2 billion
2016 539 million
Impressive revenue growth, but I can't understand the valuation given the losses.
I love their product though.
Re: Spotify opens on NYSE, valuing company at almost $30B
#8Maybe my perception is off, but it seems like we're getting lots of tech IPO's in a relatively short time. Stitch Fix, Dropbox, Blue Apron, Snap, and Roku to name a few. For a long time we weren't seeing too many big tech IPO's. Did something fundamentally change in the market to lead to this, or did all these companies just happen to make it to "market maturity" around the same time?
Remember what the stock market charts looked like last time? Stockpile some cash, invest when it falls out.
Re: Spotify opens on NYSE, valuing company at almost $30B
#9> The company says that in 2018, shares traded on the private markets between $90 and $132.50.
> Losses for last year were 1.2 billion Euros ($1.47 billion), which compares to 539 million Euros ($661 million) the year before.
Well, there's the short of the year.
Re: Spotify opens on NYSE, valuing company at almost $30B
#10Contrasting this offering, where there were no underwriters and things proceeded spectacularly, with the Dropbox IPO, where the underwriters added negative value, speaks profoundly to the future role of private markets in the capital markets for technology companies. Disclaimer: I bet my career on private markets supplanting public ones, in respect of certain technology companies, many years ago.
I don't get this argument. Don't the underwriters provide an obvious service that will always have utility for some private companies: risk management?