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I'd be more likely to consider Spotify an underdog if they weren't a VC-fueled, still-not-profitable startup.

I'd like to think comparing a VC-funded company to one of the largest public companies on earth the very definition of underdog.

Especially one that isn't currently making money, presumably if Apple wasn't engaging in anti-market strategies they would have more revenue.

How much, I have no clue - but if they can't even have a "get premium now" button in the app then that's insane to me. The 30% fee Apple would take isn't a real alternative either, it's still not profitable.

Spotify is public

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