Spotify Could Be Valued at $20 Billion
An investment bank suggested Spotify could ultimately be worth as much as $100 billion
One investment bank has claimed that, when it goes public, Spotify could be worth $20 billion.
GP Bullhound's thesis also suggested Spotify could ultimately be worth $100 billion, which would make it one the most valuable stocks in the world.
The valuation is based on Spotify having 70 million premium users and 100 million non-premium users. The company currently has more than 60 million paying users. GP Bullhound believes the number of users could rise s high as 500 million by 2020.
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