Sept 2015 - Preferred Series G shares via a sidecar; $8.53B valuation.
2015 forecast revenues of €$1.9B; up 80% over previous year1
Exclusive Information Advantage: Information showed monthly growth rates faster than Apple Music, which launched off of iTunes, the largest music customer platform in history.
3 times in secondary market at discounts from 12% to 24% from last primary round.
Continued to grow at 50%+/year with faster monthly growth rate than Apple music which launched off of iTunes the largest music customer platform in history; on pace to grow paid subscribers from 70M to 100M by next summer
Expecting a 2018 IPO with direct listing on NYSE at potential $20B valuation; long-term potential of being valued at $100B
1 - Manhattan Venture Partners 2016 report: "Spotify Update: the Rockstar of Streaming Services" - report available from InvestX upon request.