Spotify ($SPOT): Great Expectations with an Unclear Path to Success
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Introduction I think there is little controversy about Spotify (SPOT) as product: Spotify is a leading music streaming service that provides access to over 100 million tracks and much more audio content, with a great user experience and all over the world. Of course there are many people that prefer other apps (indeed millions of its peers’ subscribers), but it is rather common to hear people praising the wonders of this streaming service. However, as often happens, a great product is not always the same as a good business, much less a good investment.
Spotify ($SPOT): Great Expectations with an Unclear Path to Success
Spotify ($SPOT): Great Expectations with an…
Spotify ($SPOT): Great Expectations with an Unclear Path to Success
Introduction I think there is little controversy about Spotify (SPOT) as product: Spotify is a leading music streaming service that provides access to over 100 million tracks and much more audio content, with a great user experience and all over the world. Of course there are many people that prefer other apps (indeed millions of its peers’ subscribers), but it is rather common to hear people praising the wonders of this streaming service. However, as often happens, a great product is not always the same as a good business, much less a good investment.