Going public pits Spotify’s suggestions against everyone
February 28, 2018
The secret to Spotify’s public market debut is actually an acquisition it made in 2014. The Echo Nest was powering music recommendations for Beats Music, Rdio, Vevo and iHeartRadio before Spotify pulled it out from under them by buying it for a reported $100 million — 90 percent in Spotify equity. That deal paid off big time. Read More
Source: Tech Crunch Startups | Going public pits Spotify’s suggestions against everyone
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