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Steven R. London Quoted in Reuters Article, 'Spotify Sees Revenue Growth Easing as Gears Up for Listing'

3/27/2018
Steven R. London Quoted in Reuters Article, 'Spotify Sees Revenue Growth Easing as Gears Up for Listing'

Steven R. London, a partner with Pepper Hamilton, was quoted in the March 26, 2018 Reuters article, "Spotify Sees Revenue Growth Easing as Gears Up for Listing." The article discusses music streaming service Spotify's forecast of revenue growth as it gears up for a highly anticipated stock market listing.

Failing to hit its projections in its first few quarters as a public company would trigger shareholder lawsuits and cripple Spotify’s ability to raise further capital, said Steve London, a partner in the securities practice of law firm Pepper Hamilton.

“Spotify knows this and I’m sure has set their projections levels that are clearly achievable, and by no means a risky stretch,” London said.

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