Economic and market climate

1. Assess the current economic and market climate. Assess the music streaming industry. How is Spotify (SP) disrupting the industry? What are some of the key success industry factors? 2. Evaluate SP’s past financial performance. What are some of the takeaways from your analysis? 3. What are the differences between a traditional listing and the direct listing being pursued by SP? 4. Using the information provided, what should SP’s shares be trading at on the first day of its listing? a. Conduct a DCF analysis. b. Conduct a comparable companies’ analysis. c. Would you recommend that Wang invest in SP? If so, at what price and investment horizon?