Spotify was founded in Stockholm in 2006 by Daniel Ek and Martin Lorentzon
La extraña salida a bolsa de Spotify para levantar sólo 1.000 millones
The streaming service launched on October 7, 2008 and the company initially limited the sign-up for free services by making it invite-only.
The option of signing up for a free account wasn't made generally available to the public in the UK until 2009. That's also when Spotify launched on the Apple App Store and continued to grow as it provided an alternative to both legal and illegal downloading of music.
In 2011, the company received a $100 million investment that it used to fund its launch into the United States. Sean Parker, the co-founder of infamous file-sharing site Napster was brought on board to secure relationships with the major record labels.
By 2012, the company had launched its service on Android smartphones.
“ We envision a cultural platform where professional creators can break free of their medium’s constraints and where everyone can enjoy an immersive artistic experience that enables us to empathize with each other and to feel part of a greater whole.”
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