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Season 2, Episode 6: Spotify’s Direct Listing
Acquired
How Much of That Is Going to Go to the Bottom Line?
The labels have raised two and a half billion dollars, and it's been 12 years. They encourage sort of second marketa trading for their employees. The more volume gets out there to be traded, the more certainty they have around what it's going to be in public markets. So that's almost forty % among the two cofonders. That's like a drop box level. It's considering that more than dropye, they took on so much capitale.
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