> Spotify is a perfect example of a company with lots of revenue that doesn't do anything interesting with it.
As an investor, I'm very reluctant of those typical SV companies who use debt to finance growth. Not for nothing that the investing world is jitterish lately, with an interest-rate increase looming: it's very bad for tech stocks.
I see those as unhealthy or at least very risky (though I have one or two of those in my portfolio: spread)
Spotify is still growing at mad pace; even compared to the COVID/lockdown boom, they are doing well. Spending loads of cash to landgrab the podcast market. Spending loads of cash to move into the audiobook market.
I can understand the grudge some US people feel over a company like Spotify: why not a US-company? Why are they attacking our tech-pride AAPL? Why are they taking hold of our US-media (podcasts) and our entertainment (music)? But Spotify really is what it is: a tech success. Albeit a more typical European one: less debt, slower, more organic growth and less horn-tooting.
As an investor, I'm very reluctant of those typical SV companies who use debt to finance growth. Not for nothing that the investing world is jitterish lately, with an interest-rate increase looming: it's very bad for tech stocks.
I see those as unhealthy or at least very risky (though I have one or two of those in my portfolio: spread)
Spotify is still growing at mad pace; even compared to the COVID/lockdown boom, they are doing well. Spending loads of cash to landgrab the podcast market. Spending loads of cash to move into the audiobook market.
I can understand the grudge some US people feel over a company like Spotify: why not a US-company? Why are they attacking our tech-pride AAPL? Why are they taking hold of our US-media (podcasts) and our entertainment (music)? But Spotify really is what it is: a tech success. Albeit a more typical European one: less debt, slower, more organic growth and less horn-tooting.
(this is not investment advise)