January 24, 2018
Today, estimates of Spotify’s market valuation are $19 billion, up from $16 billion in September. “It’s the golden boy, the ‘Star Wars’ of the music industry,” says Santosh Rao, head of research at Manhattan Venture Partners, who has been covering Spotify for several years.
Read ArticleJanuary 17, 2018
Dropbox’s exposure to the enterprise market could give it an edge when it comes to discussions about its cloud rivals, which include big players such as Microsoft Inc. (MSFT – Get Report) , Alphabet Inc. (GOOGL – Get Report) , Apple Inc. (AAPL – Get Report) , Amazon.com Inc. (AMZN– Get Report) and Box Inc. (BOX – Get Report) , among others. Enterprise customers tend to be “stickier” because contracts last for about two to three years, while consumers can easily switch between cloud providers, said Santosh Rao, head of research at investment bank Manhattan Venture Partners.
Read ArticleJanuary 5, 2018
Stefan Blom, Spotify’s chief content officer, is leaving the company after a little more than three years — and just as the music-streaming provider is about to launch an initial public offering.
Read ArticleVenture Bytes is a monthly insight report highlighting topical ideas, current trends and emerging opportunities in the global technology landscape