Spotify is said to be advancing in an effort to raise another $500 million -- and possibly $1 billion -- for its war chest. A report at Sky News says the digital service is in talks with private equity firm TPG Capital for $500 million in convertible debt financing and could raise the funding round as high as $1 billion.
The size and frequency of the funding arounds say a lot of investors' sentiment. As is typical with large, fast-growing tech companies, Spotify's funding rounds have become larger as the company has proven its leadership position and ability to benefit from consumers' shift from purchases to subscriptions. The company raised $500 million in June, $250 million in November 2013 and $100 million in November 2012.
The type of funding is also a signal of Spotify's maturity. Large, institutional investors tend to invest in fast-growing tech companies when their growth and market share has reduced the risk of not getting a return on investment. Debt-to-equity funding is also common with late-stage investors that want to get their money out first -- debt gets preferential treatment to equity -- or choose to convert the debt to equity to capture the upside in an acquisition or initial public stock offering. Another benefit to investors is the fact that debt-to-equity doesn't require a company valuation at the time of investment. In contrast, equity investments take a share of the company for a specified price.
Still disgusted at people who abandoned the industry game-changer in a petty little rush hop on whatever Apple is pedalling, regardless of the brand going downhill and everything it put outs being inferior post-Steve Jobs.
the digital service is in talks with private equity firm TPG Capital for $500 million in convertible debt financing and could raise the funding round as high as $1 billion.
Still not a supporter, the low % of streaming royalties is such a problem that Spotify are yet to address so nah.
I don't think this is going to change much but their capital, TIDAL/Apple still have the stronger artists to back them so the attention will always be where the links are dropped
Tidal again and 
spotify is the king
