[lotsofpulp]

The stock price has more then halved since 2021, and based on their business model and history of profit, as an employee, I would not value the stock portion of compensation much.

As far as I can tell, Apple/Google/Amazon will always provide the ceiling price for how much Spotify can charge its customers, hence capping revenue, and the 3 record labels will always extract just enough to keep Spotify operating.

In a similar situation to Netflix, Spotify’s play would have to be to create their own content to lower their costs, but that is much easier said than done.

[sarchertech]

That’s what they attempted with podcasts.