$400 million Spotify investors revealed - report
The companies supposedly in talks to invest $400 million in Spotify have been revealed.
Several investors will acquire multimillion-dollar stakes in the business, the largest being $100m worth of stock, according to sources close to deal. The extra funds would value Spotify at $8.4 billion.
Investors include existing financiers like the Wall Street Bank, GSV, Technology Crossover Ventures (TCV) and a division of Goldman Sachs, according to Sky News.
Amongst the reported new names are: Abu Dhabi Investment Council, Baillie Gifford, ...
Login to access this article
To access this article you need to be a subscriber. If you are a subscriber login below.
Login NowSubscribe
If you have previously taken a trial you will need to subscribe to access this article.
Subscribe Now
