Spotify the music streaming site has stated that they have about 75 million users with 20 million being paying users. They have been in the transition of turning their site/service from a free to a paying one. The company is allegedly worth $8.53 billion as of 2015.As of now Spotify was currently looking to raise about $500 million dollars but as of June 9th they have surpassed their goal by raising $526 million dollars with the help of venture capitalist firms and investors. Their music playlist has some of the Top artist in the music industry today. This company doesn’t seem to have any financial issues for the time being. Look to see more from Spotify in the near future.


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