Spotify

No single number decides. Layers can disagree — that's the point. New to this? →

• neutral fact_claim Unattributed

  when I joined Spotify, we only had the amount of hours and the number of hands that could, you know, build code. And then we had a product. Now, you know, it's so different. You can build products and create companies in much shorter space of time.

• neutral fact_claim Unattributed

  I think looking at both Spotify and Klarna, that's what they did. So it feels like it has sort of become a bit of a standard for the ambitious ones.

• neutral assessment Daniel Ek

  I think the open and closed are going to be two things that are going to exist side by side. So the interesting thing about Spotify today is like, on the one hand, of course, we're a huge platform in podcasting, and we have a destination. There are certain things that we're doing that general podcasts may or may not be doing. You know, one of those will be how we're handling comments and so on that are specific to the platform. But we actually do have tools. So what a lot of people don't know is

• neutral fact_claim Daniel Ek

  let's take Spotify as an example where we're obviously using a lot of the frontier models, but we, we have a bunch of fine-tuned, um, models ourselves too. Um, and we tend to do both and that is actually making us more innovative and that's actually allowing us to do certain things that we couldn't do, uh, with the frontier models, uh, either because of cost and efficiency reasons, or sometimes because we just couldn't tune them, uh, the way we will want it.

• bullish assessment Daniel Ek

  if I look at healthcare and I look at what we're doing at Spotify, like it is truly amazing.

• bullish prediction Daniel Ek

  the perfect music product, um, is one that, um, you know, I, I, I've described this many times and I think we're getting closer to it now, which is, which is awesome is right now, you know, you can put together a better playlist yourself than what the system could do. Um, but I think in the future, uh, downrightly, we can soundtrack every moment of your life in an amazing way, uh, where you just feel more like the, the power of great music is that you will feel more. If you're happy, you'll feel

• bullish fact_claim Daniel Ek

  this is exactly what we learned with Spotify too. The more data we're able to gather, the better predictions we're able to give you about what song to play next.

• neutral assessment David Friedberg

  Five years in the laboratory just to get to the US market is quite a journey. That's a lot of pain and suffering.

• bullish assessment Daniel Ek

  we launched in late 2008. And it instantly became a huge hit.

• neutral fact_claim David Friedberg

  well over 700 million active users, over 300 million premium subscribers

• neutral assessment Daniel Ek

  I don't think the answer for us is like um one way or the other. We think both can coexist. ... So, Spotify's approach has been let's support both um in tandem.

• bullish assessment Daniel Ek

  the perfect music product is one that ... I think we're getting closer to it now, which is which is awesome

• neutral fact_claim Daniel Ek

  Let's take Spotify as an example, where where obviously using a lot of the frontier models, but we we have a bunch of fine-tuned um models ourselves, too. Um and we tend to do both, and that is actually making us more innovative

• bullish prediction Daniel Ek

  I think in the future ... we can soundtrack every moment of your life in an amazing way ... that's thanks to AI.

• neutral fact_claim Daniel Ek

  I'm still spending time with Spotify. I'm exec chair um there. Uh so, that's uh still you know, uh my baby. even though I'm not involved in it on everyday basis.

• bullish assessment Daniel Ek

  We then took it to the UK um and made it huge hit there. And then in 2011, 15 years ago now, uh, we launched in the US. Um, and, uh, yeah, I'm in. And the rest is sort of a history.

• bullish assessment Daniel Ek

  we launched in late 2008. Um and it instantly became a huge hit.

• neutral fact_claim Daniel Ek

  we basically took all of our own money that we had made from prior startups, and we said to the record labels, what if we would guarantee you that basically you'd keep your bonus for the next year, and you make your budget for the next year... you win no matter what.

• neutral fact_claim Daniel Ek

  the originally the idea was to try to go global from day one, and everyone was just laughing at at us when we were originally saying that.

• neutral fact_claim Daniel Ek

  the music industry at that time was in freefall because uh music piracy was kind of rampant.

• neutral fact_claim Daniel Ek

  we started Spotify in 2006. I was 23 at the time um and the world looked a little bit different. So, this is pre uh iPhone, pre uh I mean, Facebook existed, but it was college-only.