Godlike Productions - Discussion Forum
Users Online Now: 1,464 (Who's On?)Visitors Today: 278,009
Pageviews Today: 516,024Threads Today: 233Posts Today: 4,626
10:05 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Spotify: example of the new corporate ethos

 
Anonymous Coward
User ID: 76429137
Canada
04/03/2018 06:19 PM
Report Abusive Post
Report Copyright Violation
Spotify: example of the new corporate ethos
Spotify’s stock opened with a bang, but closed on a down note

Shares of music-streaming service Spotify Technology SA debuted just after noon on Tuesday with much fanfare on the New York Stock Exchange, but pulled back sharply into the close.
The Sweden-based company SPOT, +12.89% used an unorthodox “direct listing” to go public, which means it let existing shares float publicly on an exchange, without underwriting banks to smooth the process.


[link to www.marketwatch.com (secure)]

as some of you know Spotify has just been warmly embraced by the stock market per its initial share offering.

Spotify has a very high share price considering it has never been a profitable company in its 12 year history.

In fact Spotify has made it known that it is after market share and intends to dominate its business globally.

In the past markets rewarded profitable companies that saw themselves as being very competitive in their marketplace.

Now markets reward companies that are not profitable but wish to dominate and destroy competition at any cost.

I believe this is an example of communist ideals invading the business world
rolltiderv2

User ID: 76414449
United States
04/03/2018 06:20 PM
Report Abusive Post
Report Copyright Violation
Re: Spotify: example of the new corporate ethos
Queue up the XM/Sirius business model then boom, hit the tank.
glp-smilies

User ID: 433100
United States
04/03/2018 06:23 PM
Report Abusive Post
Report Copyright Violation
Re: Spotify: example of the new corporate ethos
Not to mention iHeart Radio filling bancruptcy. I just don't know how profitable music is anymore.

But Spotify is a big one. Them and Amazon, Apple & Google are the new radio stations.





GLP