Spotify Technology SA $SPOT - A Valuation on 26th July 2021
A young growth company dominating the audio streaming industry. They'll soon be in 178 countries but are still losing money, and there are questions over how profitable they can become.
Summary
Spotify is a young growth company dominating the audio streaming industry. Network effects will help them expand market-share a bit while economies of scale will help them become profitable. However, their competitors have deep pockets and seem willing to spend big to claim more of the pie for themselves.
Market Price = $238.70
Estimated Value = $2β¦