Thursday, November 1, 2018

Spotify faults itself for margin gains; stock hits new lows

Spotify sent its shares tumbling as much as 10 percent on Thursday after the world's most popular paid music streaming service said it would continue to sacrifice profit margins to generate future growth.


from Reuters: Technology News https://ift.tt/2QaglRx

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Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fun...