Spotify Must Prove It's 'Have to Have It' Service, Lehmann Says

The transcript discusses the IPO strategy of Spotify, highlighting its unique approach and market dynamics. It compares Spotify's business model with Netflix, noting the challenges Spotify faces due to its reliance on music rights holders. The conversation also touches on the revenue growth and market challenges Spotify encounters, emphasizing the need for Spotify to prove its value to consumers compared to competitors like Apple Music.

What is a key factor that investors need to believe in for Spotify's IPO to be successful?

• The automotive industry

• The film industry

• The tech industry

• The music industry

What makes Spotify's IPO approach unique compared to other tech IPOs?

• It involves producing its own content

• It focuses on the automotive market

• It is specific to the company's capital structure

• It is a traditional IPO

What is a major limitation for Spotify compared to Netflix?

• Spotify produces its own content

• Spotify relies on music rights holders

• Spotify has a larger user base

• Spotify has higher margins

How does the speaker describe the difference in consumer perception between Spotify and Netflix?

• Both are considered must-have services

• Spotify is seen as a want-to-have service

• Netflix is seen as a want-to-have service

• Both are seen as want-to-have services

What challenge does Spotify face in proving its value to consumers?

• It needs to prove it is a must-have service

• It needs to lower its subscription cost

• It needs to expand into new markets

• It needs to produce more original content