August 22, 2019

Case study: Spotify

In Case Study
By xxxxxxxx

2018 Spotify success story:

  • Since 2014, we invested $58 million in Spotify over five different tranches for both our institutional and family office investors

  • In the run-up to the IPO, we successfully exited our original 2013 investment, generating an IRR of 48.2% and 4.9x multiple of invested capital (Exit value of $267 million)

  • Ahead of the Spotify IPO filing, we privately sold a block of Spotify shares to Tencent (one of the world’s leading technology companies) for one of the highest pre-IPO valuations

  • On listing date we exited, selling our remaining Spotify shares at the highest trading price, demonstrating Ventura’s best-in-class execution capabilities.

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