Fun product, music industry is cool, still has promise as an independent organisation
Completely failed to pivot culture post WFA. Met financial needs by killing culture and career growth.
https://www.theverge.com/2022/6/15/23169839/spotify-reduce-hiring-25-percent-recession-netflix-twitter
https://fortune.com/europe/2024/04/23/spotify-earnings-q1-ceo-daniel-eklaying-off-1500-spotify-employees-negatively-affected-streaming-giants-operations/ Spotify CEO Daniel Ek surprised by how much laying off 1,500 employees negatively affected the streaming giant’s operations ... four months on, ...Read more
Compiling a list of tech companies that failed to benefit from the ongoing bull run. Would you bet on these companies for potentially high returns in the future? (Deep value investing) Edit: Shopify, not Spotify
It is interesting the layoffs we're still seeing, despite such a good year on the market. The recent Spotify layoff just seems to put that even more into focus. What's REALLY driving these layoffs? Investor expectations? Anticipating AI redundancy/efficiency? Or, some combination?
Shopify lay off and stock jumped by 20% yesterday. I thought it’s time to buy and I tried to invest 10k yesterday with 50% leverage from Robinhood. Today, it had growed by another 7% until now, so I was supposed to earn 1400$. I had been happy for the whole morning and discussed with my workmates w...Read more
Hello Folks, I am pretty new to stocks. Can you help me with 10 top stocks to invest. After some research I am thinking to invest in 1. Okta 2. Microsoft 3.Shopify 4. Spotify 5. Facebook 6. Square Thanks in advance for the help
Hi Spotify peeps... Are you familiar with the finance teams (strategy, financial planning, investor relations) at Spotify nyc. I came across at a job opening in FP&A there and thought might ask folks here bout it. How is the work there? Are most of the decisions taken at Stockholm or NYC?
I’ll keep it short. I’m 29 and broke. I invested every last dollar I saved in the stock market and I’m currently down almost 85%. Invested: 120k Current equity value: 25k I came to the US with the dream of becoming a millionaire by the age of 35 and invested all my savings in growth companies lik...Read more
It's going to be a gamble tomorrow... and very interesting to watch a direct offering. Will consumers invest in thier playlists? I would be musically lost without the ability to rip everyone elses playlist. @spotify
Primarily interested in investing and technology. Investing: Some tips would be nice. Both about long term and short term. Technology: A podcast that hosts technical leaders from top tier companies. Stuff about challenges they face and how they overcome them. Been searching for this stuff on Spot...Read more
Apple market cap has been highest from a long time because of nice profit margin. Apple isn’t a tech company, it’s a marketing company. They sell their product at 1000% profit by manufacturing items in China. Apart from that, Apple does racketeering by extorting companies’ revenue if you have app ...Read more
F equity. You get it at the year end. High base pay for your lifestyle not equity. And if you get your equity every month. It will help much because you would have more room to spend or invest ( dollar cost average over a longer period instead of bulk dumping at the year end) I just know Netflix. ...Read more
Who here has accepted a counter offer and been happy with the decision? Been interviewing and I have a few offers ranging from 50-100% more in TC. Does TikTok counter? Would they match a competitor that pays almost double? I like my team and am invested in the product, but I cannot work at this p...Read more
What do you think about Spotify's time to play fair campaign against Apple? It looks like Spotify has invested a lot of money towards this campaign. Does Apple do this to other companies as well? Apparently, Apple won't let them make enhancements or provide discounts. What are your thoughts? Apple s...Read more
WASHINGTON: Jeff Bezos is on a mission to conquer ageing and has started a new anti-aging company called Altos Labs, recruiting Hal Barron from GlaxoSmithKline to lead the research. Reported first by MIT Tech Review, Altos Labs has also received funding from a Russian billionaire named Yuri Milner ...Read more
A spotify recuiter reached out to me in December 2020 and it took them 3 months to finish the painfully slow recruiting process. At the end of the process, they decided to roll out an offer. The hiring manager told me I did great in my interviews but they thought I should come at a level below Senio...Read more
In response to a question about how they plan to keep operating expenses (“op-ex”) efficient while still having the right level of investment, Ek spoke of the company’s growth during the pandemic before conceding, “We probably got a little bit ahead of ourselves in that investment, so we’ve rightsiz...Read more
This is my first time receiving equity and I need some advice, deadline for selecting the equity package is tomorrow 😬 Spotify let’s you distribute your equity package between 2 options out of the following: - cash x.9 - RSUs x1 - at the money stock options (ATM ESOs) x4 - out-of-the-money stock ...Read more
With Netflix stock drop, I was wondering the future of streaming companies. Netflix - Has the first movement advantage and market reach. But it has some tough questions to answer. They didn't own content when they first started. So they have to pay money to the rights owners to stream them. They hav...Read more
Want to create such a list to see if we can find a pattern why those dropped while the others popped. Dropped: snap, PDD Popped: Roku, Spotify, docsign Hanging there: Dropbox I think generally if a company is still raising money one year before its IPO, the IPO market cap will be more than its l...Read more