Documents: Spotify co-founders Daniel Ek and Martin Lorentzon sold 2.5M+ shares in 2024, netting ~$1B, the highest sales since 2019, and now own ~16% of Spotify
Benjamin Stupples / Bloomberg :
Neko Health, a startup co-founded by Daniel Ek that offers AI-based full-body scans, raised a $260M Series B led by Lightspeed, sources say at a $1.7B valuation
Tim Bradshaw / Financial Times :
SEC filings: senior Spotify executives have sold $1.25B in stock in 2024, including CEO Daniel Ek selling ~$350M and co-founder Martin Lorentzon selling $550M+
Company co-founders reaped $900mn in gains this year — Senior Spotify executives and board members have sold $1.25bn worth …
Daniel Ek says Spotify is working on a deluxe Spotify tier, costing around $17 to $18, that has “a lot more control, a lot higher quality across the board”
Neko Health, a startup founded by Spotify CEO Daniel Ek and Watty founder Hjalmar Nilsonne that makes an AI-based full-body scanner, raised €60M led by Lakestar
Neko Health, the medical diagnostics company co-founded by Spotify Technology SA Chief Executive Officer Daniel Ek …
Spotify CEO Daniel Ek says US subscribers can expect price hikes in 2023, after recent increases by Apple and YouTube; Premium has cost $9.99/month since 2011
Audio streaming giant surpassed growth forecasts, increasing monthly active users by 20% to reach 456 million
Daniel Ek says Spotify plans to reduce the pace of hiring by 25% as “things could get worse”; Spotify's stock rises 10%+
As the music streaming giant's stock jumps, CEO Daniel Ek addresses macro-economic challenges, saying “only the prepared survive, and we're preparing as if things could get worse.”
Spotify launches a site to show how much it pays artists: $5B in 2020, up from $3.3B in 2017, and 13K artists made $50K+ in royalties, up 80% from 2017
however, growth rates illustrate that could be exceeded in the not too distant future WOULD never have happened without the industry leadership and vision of @spotify's @eldsjal $SPOT https://twitter....
A look at Spotify's push into podcasting as it seeks profitability: ~2M podcasts are available, up from 2,500 in 2017, and 20% of its users listen to podcasts
When Spotify went public in April 2018, Daniel Ek had been struggling with this question for more than a decade: How would the company make money? Tweets: @abbieruzicka , @lucas_shaw , and @juliastmi ...
Spotify CEO Daniel Ek says he will invest €1B in European tech startups over the next decade, focused on “moonshots” in ML, biotech, and other sectors
Financial Times :