![]() ![]() But, it was the music that led him to success.ĭaniel Ek was born in Sweden in 1983. He had a passion for the guitar and for the football videogame, Fifa. When a Super Tech Company Rejected Him, He Started Competing With Them Let’s discover the phenomenon that created this company with the great capacity for vision and innovation. It has a market capitalization of over $50 billion. The stock on the stock exchange is worth about five billion dollars. The subscribers are more than 170 million. Active listeners grew by just under 20% to exceed 380 million. Spotify is crushing the numbers.Īd sales in 2021 increased 75% to nearly $375 million. It teaches us all something basic, to have a peaceful life and maybe one full of successes. While he struggled to get out, he learned a very important life lesson. However, there was a phase in his life when Daniel fell into a very dark tunnel. Spotify was created as an antidote to music piracy. Since 2006, he has convinced music labels and artists that the future of music would be on his streaming platform. It is still an idea of founder Daniel Ek. Some have said that it will become the Instagram of music. Spotify is undergoing another incredible metamorphosis today. ![]()
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