2024-08-19
Financial Times
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Carta says 254 of its VC-backed clients went bust in Q1 2024 and the startup bankruptcy rate is over 7x that of 2019, as funds from the 2021-2022 boom run out
Private company shutdowns jump compared with last year despite AI funding frenzy, threatening millions of jobs at VC-backed firms
2024-02-06
Bloomberg
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Spotify reports Q4 revenue up 16% YoY to €3.7B, MAUs up 23% YoY to 602M, subscribers up 15% YoY to 236M, a €75M operating loss, and expects 618M MAUs in Q1 2024
- Spotify posts second-largest gain ever for the quarter — Company has been cutting costs in drive to become profitable
2023-11-02
CNBC
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Qualcomm reports Q4 adjusted revenue down 24% YoY to $8.67B, vs. $8.51B est., handset chip sales down 27% YoY to $5.46B, and a strong Q1 2024 forecast
Kif Leswing / CNBC :
2023-10-26
Music Business Worldwide
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Sources: Spotify plans major changes to its royalty model in Q1 2024, including a threshold of minimum annual streams before a track starts generating royalties
This is huge news - and it's been a long time coming. MBW has confirmed that Spotify is planning to make significant changes …
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