this post was submitted on 22 Sep 2026
1172 points (98.5% liked)

Funny

16278 readers
1889 users here now

General rules:

Exceptions may be made at the discretion of the mods.

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] Atomic@sh.itjust.works 1 points 3 hours ago

Excuse me? From 2017 to 2022. Spotify lost an average of ~430 million euro per year. And they weren't profitable from 2008 to 2016 either... -0.43 billion per year is not "barely making a loss". But investors saw potential and they kept funding.