October 6, 2008

The talk of the town...

... is obviously the rumored €15 million investment in Spotify's at a post-money valuation of €86.9 million. As no party is officially confirming the report, it is hard to say if all the specifics are correct. Even if some details are wrong, the amount doesn't sound that crazy given what Spotify are trying to accomplish (and the funding needed to do that), the track record of the founders and the previous absence of outside capital.

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