Spotify Preps for IPO
Congratulations! https://techcrunch.com/2017/07/31/spotify-vs-apple-music/
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Will tank and then tank more under the weight of licensing fee's, a bloated workforce, and competition.
That convertible debt they took on must be fucking crushing them. I would have left right after that.
lol. taking convertible debt is smart if you believe your valuation will go up more than the interest rate. you end up giving equity cheaper. guess what happened :)
People is leaving the company as rats. CTO has been removed. No need. Chief architect left ;)
ex cto Is still at the company and not having a single CTO is the right move for a company our side. who's Google's CTO? why don't you quit then if you don't believe in what we are doing ?
It shouldn't be that surprising that long-timers at a 10 year old company are leaving after putting in 5-6 years
Thoughts on how the IPO will go? Seems like a crowded market
will tank, then go up. Good to buy when it tanks. Story of every IPO in tech.
Except... A lot of them? Including Google?