Big Name Hedge Funds Bail Out of Spotify’s Stock

The streaming music giant’s hedge fund shareholder exodus may not bode well for other unicorns.

Stephen Taub May 20, 2019

(Michael Nagle/Bloomberg)

Hedge funds are losing interest in Spotify Technology’s playlist. A little more than 13 months after it went public, a number of high-profile hedge fund firms — or their venture capital arms — are bailing out from the Swedish streaming music company. Several of these sellers

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