03-04-2018 08:09 via feedproxy.google.com

What to expect when Spotify goes public Tuesday

Digital music giant Spotifyis joining the stock market on Tuesday, making it the biggest consumer tech company to go public since Snap debuted early last year.
But unlike Snap, Spotify isn’t doing an IPO. The “o” part of IPO stands for offering and Spotify isn’t raising any money.
Instead, existing Spotify shareholders will be selling shares directly onto the stock market. This means that employees, venture capitalists or anyone else who managed to buy Spotify shares on t
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