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Spotify CEO Daniel Ek Could Net $2B In Stock Sale

Daniel Ek, the CEO and co-founder of  Spotify could to sell 15.8 million shares of the company worth as much a $2 billion in its direct listing, when the company. Continue reading [https://www.hypebot.com/hypebot/2018/03/spotify-ceo-daniel-ek-could-net-2b-in-stock-sale.html]

,   and  Bruce Houghton
Daniel-EkDaniel Ek, the CEO and co-founder of  Spotify could to sell 15.8 million shares of the company worth as much a $2 billion in its direct listing, when the company goes public on April 3.Ek's potential windfall was disclosed in a filing on Tuesday.Spotify is valued at about $19 billion on the private markets.  Recent private market prices for Spotfy stock have ranged from $48.93 to $131.88,  which puts the 35 year old Ek's stake at between $775 million an $2 billion.Read the full fling here.

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