15-11-2026 09:00 via Latest from MoneyWeek

How Daniel Ek revolutionised music through Spotify

Daniel Ek once told the Financial Times that “you don't start a music company if you think you're going to be filthy rich”. But it happened anyway. Ek, who founded the music-streaming platform Spotify in 2006 – while working as a software engineer in a “small makeshift office” in Stockholm – took five years to convince American music executives to allow him to launch in the US. The move transformed the business. Today, the Spotify co-founder is worth $8.3 billion, according to Bloomb
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