Season 2, Episode 6: Spotify’s Direct Listing

EPISODE · Apr 6, 2018 · 1H 51M

Season 2, Episode 6: Spotify’s Direct Listing

from Acquired · host Ben Gilbert and David Rosenthal

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!Sponsors:Sentry: https://bit.ly/acquiredsentryWorkOS: https://bit.ly/workos25Anthropic: https://bit.ly/acquiredclaude25Statsig: https://bit.ly/acquiredstatsig26More Acquired!Get email updates with hints on next episode and follow-ups from recent episodesJoin the SlackSubscribe to ACQ2Merch Store!© Copyright 2015-2026 ACQ, LLCLinks: Internet History Podcast on the Napster Story with Jordan Ritter Sean Parker’s email to Daniel EkCarve Outs:Ben: Black Panther (and  soundtrack on Spotify!)David: “Silicon Ballet” panel at San Francisco Ballet on Saturday, April 28

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Season 2, Episode 6: Spotify’s Direct Listing

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The Acquired Taste Podcast Whitney Diggs and Jadea Jackson Amazing things arise when two friends can come together to create a safe space to have deep conversations, laugh, and enjoy each other’s company through their unique storytelling. Join Whitney and Jadea in their new and exciting podcast, Acquired Taste, as they cover a wide range of topics including pop culture, personal experiences, and thought-provoking discussions. With their unique perspectives and hilarious banter, you will not want to miss out on the chance to connect through the power of audio. Join us every fourth Sunday for your monthly dose of an Acquired Taste! ACQ2 by Acquired Ben Gilbert and David Rosenthal ACQ2 is Ben and David's conversations with experts on topics related to Acquired. Acquired the stories of great companies — and ACQ2 dives deeper into the lessons we can learn from them, often with the protagonists themselves. Educator Forever Lily Jones, Teacher Advocate There’s a lot that needs to change in education. But there are inspiring movements going on too! At Educator Forever, we believe teachers need to be at the forefront of education reform and be empowered to create career pathways that work for them. Do you ever think about leaving the classroom but have absolutely no idea what else you could do? You may not realize it yet, but you have acquired highly valuable skills throughout your teaching journey, and there is unlimited potential for you to use them. Tune in each week to hear about career opportunities that will help you achieve the income, impact, and freedom you’ve always dreamed of. The best part? You can do all of this without having to leave the world of education entirely. In addition to showing you the many ways you can expand your impact beyond the classroom, we’ll introduce you to inspiring leaders in education. Want to learn about new research? Looking to get familiar with innovative approaches to teaching and learning? No Priors: Artificial Intelligence | Technology | Startups Conviction At this moment of inflection in technology, co-hosts Elad Gil and Sarah Guo talk to the world's leading AI engineers, researchers and founders about the biggest questions: How far away is AGI? What markets are at risk for disruption? How will commerce, culture, and society change? What’s happening in state-of-the-art in research? “No Priors” is your guide to the AI revolution. Email feedback to [email protected] Guo is a startup investor and the founder of Conviction, an investment firm purpose-built to serve intelligent software, or "Software 3.0" companies. She spent nearly a decade incubating and investing at venture firm Greylock Partners.Elad Gil is a serial entrepreneur and a startup investor. He was co-founder of Color Health, Mixer Labs (which was acquired by Twitter). He has invested in over 40 companies now worth $1B or more each, and is also author of the High
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