Despite Serious Issues, Deezer Expects to Raise €300 Million On Its IPO

It’s a streaming music IPO. What could possibly go wrong?
Earlier, we pointed to some very troubling subscriber numbers at Deezer, the Spotify competitor that still hasn’t set foot in the US and remains woefully unprofitable.  Previously, Deezer claimed to have amassed 6-plus million subscribers through an ex-US, global approach, but IPO filings revealed that roughly half were bundled subscribers that hadn’t even played a single song in the previous month.
And, just