Shock news: Spotify may file for an IPO at some point! Okay, not such a shock: right up to CEO Daniel Ek, the company’s execs have regularly acknowledged that an IPO is the likely exit strategy for the well-funded streaming music service. So we can’t say we’re surprised that Spotify is recruiting an ‘External Reporting Specialist’ to join its finance team, but we’re also not surprised that this has been making news headlines overnight, after Reuters noticed the recruitment ad on Spotify’s website. The new hire will be expected to “prepare the Company for international financial standards” including “compliance with corporate policies and GAAP standards” in the US. Spotify’s official response: “As Spotify grows and becomes a more mature company we are looking for people who can help us keep our financial reporting in order and up to global standards.” We suspect if an IPO is in the offing, it won’t come until 2015 though.
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In the year or so since its launch, AI startup Kaiber has been making waves,…