Spotify Investor Lakestar won't be Selling its Shares — and Thinks it Should be a $100 Billion Company
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- Music streaming company Spotify will go public today via a direct listing — meaning it won't issue new stock but will allow insiders to sell shares on the public market.
- Small shareholder and early investor Lakestar will not be selling its shares.
- Lakestar founder and CEO Klaus Hommels said he thinks Spotify can be a $100 billion company with 700 million subscribers...