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Meta’s massive comeback, FED’s latest hike, GPT-4 rumors + Spotify earnings with Lon Harris | E1671
This Week in Startups
Spotify - Is Spotify Still Growing?
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Spotify had a negative free cash flow, but Q4 cash and short term investments look like they were 3.3 billion. Their monthly active users were up 20% year over year. The idea of exclusivity didn't really take hold in the podcast world podcasters are selling ads on their own show. So it's not really in most of their favor to be like, I'm going to go exclusive and these guys are that guys.
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