> those loans are scary
Yeah, they had better IPO soon.
I don't know for sure why they went with such onerous terms but I think that they thought they were growing fast enough and would IPO this year. It turns out that that won't be the case [0], since they still have some deals to make with record labels and others. They have Apple on their heels. I like Spotify a lot but I don't think there prospects are good.
They blocked that with play.spotify.com revision. Redirects now to open.spotify.com and ublock origin doesn't block the ads anymore. Might be a beta pushed to some users.
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[ 5.1 ms ] story [ 27.8 ms ] threadI don't know for sure why they went with such onerous terms but I think that they thought they were growing fast enough and would IPO this year. It turns out that that won't be the case [0], since they still have some deals to make with record labels and others. They have Apple on their heels. I like Spotify a lot but I don't think there prospects are good.
[0] https://techcrunch.com/2017/02/02/sources-spotify-may-delay-...