Music-streaming service Spotify, which made its trading debut on Tuesday via an unusual direct listing, has created winners out of its investors, including Singapore-based venture capital firm K2 and its chief Ozi Amanat.
Amanat said he owns ‘tens of millions’ in Spotify stock both personally and through K2, and added that the music-streaming company’s strong listing gives the firm well over 300 per cent returns on this investment.
