Spotify's launch in 2008 came at a time when the biggest social network of the time, MySpace, was about to lose its crown to Facebook. No wonder Spotify declined an acquisition offer from the sinking News Corporation subsidiary.
"Unknown thing: we tried to buy Spotify and they sure as hell were not selling to us. They didn’t need to,” said Sean Percival – formerly VP of online marketing at MySpace, and these days an investor at 500 Startups – during a dirty-laundry-airing speech at the By:Larm conference in Oslo yesterday.
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