3min chapter

Lex Fridman Podcast cover image

Gustav Soderstrom: Spotify

Lex Fridman Podcast

CHAPTER

Is There a Business Opportunity in Product Development?

Spotifi is a new music streaming service based in Moscow, Russia. The company was founded by Russian entrepreneur Oleg Kuznetsov and his business partner Yevgeny Bektsev. Spotifi allows users to stream songs for free from their mobile phones or computers using an app that can be downloaded on the go. It also lets people download other services such as ad-free versions of popular apps like Spotify,. Apple's iTunes store has more than 100 million downloads each month - making it one of the fastest growing industries worldwide.

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