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Cybernetic Vermin
Apr 18, 2005

spotify set for a 10% tumble in opening today, quarterly report was pretty decent; YoY: +45% paying users, +26% revenue (+37% adjusting for unfavorable forex changes), loss fell from 15.4% to 3.2%; but as this thread correctly points out, the valuation sets pretty high expectations. i suspect it is the revenue growth not being quicker that is spooking investors

in more yospos news my desktop client has started to occassionally refuse to start playing when i double-click songs or press the play button, but can play them just fine if i put them in the queue and hit next song. so 10% decline is fully motivated by that annoyance alone

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Cybernetic Vermin
Apr 18, 2005

on that subject, spotify kicking the nazis out: https://newsroom.spotify.com/2018-05-10/spotify-announces-new-hate-content-and-hateful-conduct-public-policy/

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