Spotify Valuation Drops by $1 Billion

A new funding round values the streaming music service at USD 3 billion – 1 billion less than the corporate worth of USD 4 billion just about 6 months ago.(a day before Facebook´s IPO). Another sign that company-valuations have drecreased since FB´s, Zynga´s and Groupon´s post-IPO performances.

Full story: Spotify Valuation Drops by $1 Billion – Peter Kafka – Media – AllThingsD.

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