Acquired Season 2, Episode 6: Spotify’s Direct Listing
01:49:32
Napster's Rise and Fall
- Napster, founded in 1999, became incredibly popular amongst college students with broadband internet.
- However, lawsuits from record labels led to its shutdown in 2001.
Parker's Entry into Facebook
- Sean Parker discovered Facebook through his roommate's girlfriend and joined as president.
- Parker, along with Peter Thiel, secured an early investment, paving the way for Facebook's success.
Parker's Influence
- Sean Parker's early involvement in Facebook was crucial, despite his young age.
- His experience and connections helped guide the company through its initial growth phase.
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Introduction
00:00 • 2min
Early Stage Investors Look More Like Common Stock on the Cap Table
01:48 • 2min
What Is a Direct Listing?
03:30 • 2min
Spotify
05:17 • 2min
The History of Spotify
07:11 • 4min
Taking Off Like Wildfire
10:42 • 3min
The Story of Napster and Caza
13:31 • 2min
The Social Networkwork
15:25 • 3min
Facebook and the Trojan Horse
18:13 • 3min
The C O Spotifie
20:52 • 2min
What Is BitTorrent?
22:44 • 3min
Is Itunes the Saviour of the Music Industry?
25:37 • 2min
Organizing Your Itunes File Library Wasn't a Paradime Shift
27:14 • 4min
Growth Hacking - A New Paradime of Streaming
31:30 • 2min
Spotify - A Review
33:34 • 2min
Facebook Music Down Load
35:31 • 2min
The Second Key to Spotify
37:08 • 2min
Is This the End of Two Thousand Nine?
38:41 • 2min
The Biggest Moment in Spotify History
41:06 • 3min
Spotify - The Perfect Product Use Fit Match
43:51 • 3min
Spotify
47:12 • 2min
The Future of Apts Using Musicus
48:59 • 2min
The Next Wave of Growth in Spotify
51:04 • 2min
The Discover Weekly Play List
52:39 • 3min
Ipo
55:29 • 2min
The New York Stock Exchange Mistakenly Raised the Swe, Fine Day
57:38 • 2min
Direct Listings
59:25 • 2min
How Much of That Is Going to Go to the Bottom Line?
01:01:35 • 2min
Dropbox vs Dropbox?
01:03:08 • 3min
Drop Box Isn't Generating Any Cash Flow at the Moment.
01:05:52 • 2min
Dropbox
01:07:57 • 3min
What's the Difference Between Netflakes and Spotify?
01:10:50 • 2min
Apple Music and Spot Ifi
01:13:13 • 2min
Your 12 % Gross Margin Is My Opportunity
01:14:59 • 2min
Is Amazon Going to Take Share on the From Spotifis Free Teer?
01:17:04 • 2min
Are We Going to Develop Our Own Artists?
01:18:35 • 2min
Is There a Difference Between Video and Music?
01:20:44 • 2min
Is There a Six Month Lock Up Period?
01:22:46 • 2min
Are We Going to See More Direct Listings?
01:24:33 • 2min
Will We See This Spotify Price in the Future?
01:26:40 • 2min
The Podcast Industry Is Growing Like the Tpet
01:28:27 • 2min
Is Spotify Worth 30 Billion Dollars?
01:30:18 • 3min
Dropbox vs Spotify?
01:32:52 • 4min
Do You Feel Like This Is Worth 30, 30 Billion Dollars?
01:36:57 • 2min
The Market Is Saying 'A' or 'C' or Both?
01:39:26 • 3min
The New Viral Growth Mechanism via the Acquired Podcast
01:42:38 • 2min
Acquired wraps up a big few weeks of coverage with not an IPO or an M&A or a fundraising round, but what’s still the largest tech exit in recent memory: Spotify’s $30B direct public listing. We dive into what it all means and how we got here: from Napster to iTunes to Facebook (and even some Justin Timberlake thrown in for good measure). Acquired FM is on the scene and spinning all the hits from this new wave music industry titan!
Note: We incorrectly described Spotify CEO Daniel Ek’s ownership stake in Spotify as 25%+; that is actually his voting control. His economic ownership is 9.3%, and cofounder Martin Lorentzon’s is 12.4%. We apologize for the error!
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