Idagio Raises €8 Million; Last.fm: The Only Music Social Network That Made Sense
4. Spotify will go public at a lofty valuation, but those numbers and overall investor confidence will decline throughout the year, together with Pandora’s, as these two pure-play global streaming music leaders find it increasingly difficult to compete against “big box” behemoths Apple, Amazon and Google/YouTube
Venture capital firm Northzone is one of the largest stakeholders in Spotify.