We will keep this short. The inspiration to begin valuing Spotify was a comment Gustav Soderstom made - “Premium and Advertising are completely different businesses and most people don’t realise that”. It got me thinking as to what makes these two different. I couldn’t get far but it helped valuing Spotify. So here it goes:
Spotify has 2 businesses - Re…
Keep reading with a 7-day free trial
Subscribe to Unfair Advantage to keep reading this post and get 7 days of free access to the full post archives.