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.
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Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
The Brand Amp represents Archer Aviation as it acquires Boeing’s $200M flying-taxi operation in return for a 20 percent stake in the Silicon Valley startup.
Amsterdam’s CFF Communications handles Accell Group as Europe’s No 1 e-bike and No. 2 bicycle maker declares insolvency after failing to find a buyer.
Randy Sinclair, who rose to lead investor relations at Chevron during an 11-year run, will move to Northrop Grumman on Aug. 10 as VP-IR.
