Spotify, the popular online music streaming company, is setting the stage for an initial public offering that could value the company at $8B.
The company, on LinkedIn, is advertising a spot for an “external reporting specialist” who would be in charge of preparing Spotify for Security and Exchange Commission filing standards and setting up “all reports necessary to be SEC compliant.”
A spokesperson told Reuters that Spotify is looking for executives skilled in financial reporting and able to maintain it up to global standards.
The company has 24M active uses, compared to leader Pandora’s 74M. Pandora’s stock price tripled over the past year.
Spotify raised $200M in funding in November. Its investors include Kleiner Perkins, Accel Partners, Goldman Sachs and Founders Fund.
The music streaming company’s IPO would likely be held in 2015. Spotify joins other “hot” IPO candidates including AirBnB, and Square.