on 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.
on January 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.
on December 28, 2017
There was much hype surrounding the technology and social media company Snap Inc., which debuted in March for investors who could see beyond Snap’s comedy filters that make us laugh.
“It can have e-commerce in there. It can have payments in there. Down the road, maybe you can get some gaming in there. So they have two or three levers that they can pull to keep the user base engaged and monetize them,” Santosh Rao of Manhattan Venture Partners said.
on December 13, 2017
Streaming music has arrived in a major way. It’s become the preferred medium of music consumption and a key growth engine for music industry sales, accounting for 62% of the U.S. music business. There’s an ongoing battle for dominance between Spotify, Apple, Google and Amazon for a slice of the music business that is expected to remain on a strong growth trajectory.
To help put things into perspective, I recently spoke with Santosh Rao, Head of Research at Manhattan Venture Partners, about some of the major moves happening in the space, the opportunities for marketers and why Spotify could reign supreme.
on September 27, 2017
“Uber will do anything to keep the PR image, they don’t want any negativity,” said Santosh Rao, analyst at Manhattan Venture Partners. “So they will give in more now. This is the right time to demand concessions from Uber because they need to get it right, they cannot lose Uber UK.”
on July 20, 2017
Uber’s whole value proposition is that it’s cheaper, quicker and easier. But this week the ride-sharing service was accused of being not so easy for people who are disabled. The group Disability Rights Advocates, filed a class-action lawsuit against Uber. The suit argues the company discriminates against New York City riders with disabilities because it doesn’t offer enough wheel-chair accessible vehicles.
on June 26, 2017
The upheaval at Uber will leave the next chief executive facing an even bigger challenge in how to solve one of the main conundrums about the company: how does the business of booking a car actually make money. Santosh Rao, head of research at Manhattan Venture Partners comments that “subscription models are always very beneficial. There is visibility, it is a nice recurring revenue model. To the extent that they can get it, that is great.”
on May 16, 2017
Waymo LLC’s partnership with Lyft Inc. on self-driving cars is moving it one step closer to commercialization. Santosh Rao, head of research at Manhattan Venture Partners, said he believes Lyft sensed an opportunity to gain more control over self-driving technology following its partnership with GM. And it was a competitive move against its rival.
on April 10, 2017
On Thursday, the Wall Street Journal reported that Spotify — long rumored to be planning an IPO in the next year — might remix its plans. Instead, the report claimed the world’s largest streaming service would go public with a direct listing, rather than an Initial Public Offering, an option that is much more common for smaller companies that don’t expect a big publicity splash when entering the market, and one that is exceedingly rare for a company that, well, makes a big splash with just about every move it makes.
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