Spotify is trading on the open market beginning Tuesday. They are bypassing the traditional method of going public by direct listing, i.e. cutting out the banking middle men and going directly to public investors. It should be a lucrative endeavor to say the least. So, if you don't already have an account with a brokerage, you should get one opened tomorrow ASAP. Good luck!
Don't forget Tuesday!
Carson Campbell
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Eli Powell
what shitcoin is this
Christian Miller
It's not a coin, it's a traditional stock. You know, how white people get rich.
Justin Miller
Bumping to help all you crypto losers have a real chance at making some money.
Hunter Williams
21 year old with no money to invest. But thanks for trying man. I'll run with you someday.
Lucas Morris
Could you advise me how to do this as a brit pleasE?
Kevin Wright
is putting $3k into it even worth bothering?
Alexander Baker
Most British-based stockbrokers can easily buy and sell shares on foreign stock exchanges, and if you don’t have a foreign currency account they’ll produce your contract note in sterling. You tell them what you want to do and they’ll do all the work for you.
Bentley Lewis
Bump, I think spotify is the best music player out there. Updated every day, shits on apple and others.
How can I invest in this?
Adrian Robinson
I would say yes, definitely.
Dominic Allen
perfect kek
Cameron Campbell
I thought spotify wasn't even profitable. that being said I love their service
Easton Morales
It's being traded on the open market starting Tues. You can buy through any traditional brokerage. Just open an account at E-Trade or somewhere similar.
Joseph Young
this is going to be a pump and dump thing though so be careful their business model is worse than Snapchat which doesn't have one
Parker Collins
This stock will tank on release, don't buy on market opening. Spotify is a nice idea but they are not profitable at all and having issues left and right. Besides, we are in a massive tech bubble. Facebook is dragging all tech stocks down
Thomas Moore
Could you recommend a good stockbroker for a poorfag? I can spare maybe £100 or so. Or can you only buy full shares?
Asher Carter
Is E-Trade allow non-US customers? I'm in the UK
James Smith
True, but check out this article on Spotify's business model and how it will become very liquid.
Carson Jones
Please don't post about real finance stuff.
This forum is about autism coins.
Juan Anderson
Lol, sorry, I wasn't aware.
Carson Ortiz
I believe TD Ameritrade now owns the former eTrade UK. So I would check them out.
Nolan Watson
HOW AM I SUPPOSE TO BUY ANYTHING AFTER THIS
Alexander Thompson
>IPO not underwritten by several bulge-bracket firms
listen, children: if insiders don't want a piece pre-IPO then it's a dud. it looks like the VCs want to cash out and move on. wall street doesn't want their "bags" so they're selling direct to the gullible.
but go ahead. you know better than those assholes, right?
Leo Clark
Let me guess, you're a banker. If any of you want to know the real reason here's the article:
google.com
Here's an excerpt:
>McCarthy presented the entrepreneur and his board with a clinical, “brutally logical” diagnosis of why Spotify shouldn’t sell shares to institutional investors right before trading begins.
>Spotify, he argued, could avoid the regulations, fees and distractions since it didn’t need to raise money, already had a well-known consumer brand and had a good idea of how much it was worth from all the private trades done for years by existing investors.
>“It’s not like Barry’s wanted to do this forever and this was the opportunity,” said one person close to the company. “Barry does not care about how history remembers him or doesn’t remember him.”
Nicholas Lopez
But guys, do you relly thing that spotify will grow up in its first days in the exchange? Spotify discovered 2 millon people using his app for free before entering in tradingworld
Angel Perry
Those free users have to listen to ads. Ads create revenue.
David Cooper
I wouldn't buy this. They took out a massive loan and are in debt to the sum of something like 1.5 billion. They rumbled the music industry enough that the major record companies joined together so they could sort out their legislation with how Spotify streams their songs. This is leading to record companies adapting more to the streaming service and making demands where they would receive a greater sum of the profit so in fact as time has gone on and recording companies know where they stand they have made greater demands this over time has made it more costly for Spotify. There is a great video explaining this here.
I know Spotify seems pretty hip and everyone uses it but just because it's popular doesn't mean that it has a sustainable or good business model