Spotify: Path to IPO
Spotify is a great way to share your love of music with people all over the world. It is launched on 7 October 2008, is available in 65 regions.Spotify went public in April this year, so how Spotify grew from a startup into a public company? Let's have a look on the VC investors, their return and the price movement per share along the years.
The valuation of Spotify grew from $26M in 2008 to $22B in 2018. The share price of the first group of investors who invested 10 years ago have appreciated 36,665%.
Graphic source: EquityZen
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