Andre Yoskowitz
17 Feb 2014 19:56
Giant online music streaming service Spotify is preparing for an IPO, say new reports, going public in a deal that could value the service as high as $8 billion.
The IPO is expected for early next year, and Spotify is already working on proper financial disclosures for the U.S. Securities and Exchange Commission (SEC). Job listings on LinkedIn and in the company's careers section are looking for an "External Reporting Specialist," one whose job would be to "prepare the company for SEC filing standards. Set up all reports necessary to be SEC compliant."
Spotify declined to comment on an IPO but did say that "as Spotify grows and becomes a more mature company we are looking for people who can help us keep our financial reporting in order and up to global standards."
The company recently raised $250 in funding, making it easily one world's most capitalized startups.