John Arnold@JohnArnoldFndtn 6h6 hours ago Question for VCs : is spotify doing direct listing rather than IPO to avoid preferred share ratchets? <blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Question for VCs : is spotify doing direct listing rather than IPO to avoid preferred share ratchets?</p>— John Arnold (@JohnArnoldFndtn) <a href="">May 12, 2017</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
If Spotify can renegotiate terms with producers and change the music industry, then maybe this question will become important. Until then, the music industry is dead.