Tag Archives for " IPO "

With A U.S. IPO, Tencent Will Become The Next Big Streaming Service In North America

Tencent Music on the Music 3.0 blog

There have been multiple reports that Chinese streaming service Tencent Music is getting set to file for an Initial Public Offering (IPO) very soon. An even bigger story is the pegged valuation is in the neighborhood of $25 billion, which would make it the 4th largest U.S. listed tech stock ever, just a little behind […]

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Why Spotify’s Investors Seem To Have Little Confidence In Its Future

Spotify investor on Music 3.0 blog

Spotify’s direct listing on the New York Stock Exchange is coming on April 3rd and there’s already been plenty written about this unusual tactic. Much of the reasoning for the move coming from the company seems to circle around the fact that underwriting a traditional IPO costs too much, so there will be considerable savings by avoiding […]

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