Is Spotify Going Public?
You might think so, considering they just hired the guy who took Netflix there.
The Swedish streaming company has appointed former Netflix finance chief Barry McCarthy as its new CFO.
McCarthy already serves on the board of Spotify, but will now give up his seat to take on a more active role.
The exec was CFO of Netflix when the streaming movie company floated in 2002.
He quit the company in 2010, but not before its stock price had increased considerably: between October 2004 and April 2009, Netflix’s share value more than quadrupled from $9.50 to $45.
Read more here.
