Tag: Spotify

BusinessStartupsTechnology

Venture Capital Giant Lakestar Shifts Strategy, Halts New Fundraising to Focus on Portfolio

Lakestar, the venture capital firm behind major successes like Revolut and Spotify, is reportedly shifting its investment strategy. According to reports, the firm will stop raising new generalist venture funds to concentrate on its current investments and internal ventures.

Major Venture Capital Firm Changes Course

Lakestar, the prominent venture capital backer of fintech giant Revolut and music streaming service Spotify, is reportedly shifting its investment strategy away from raising new funds, according to financial documents seen by the Financial Times. The firm’s founder, Klaus Hommels, communicated this strategic pivot in a letter to limited partners, the institutional groups that have funded the company’s activities.

by Megan Carter
InnovationSoftware

Spotify Expands Live Music Discovery with Venue Following Feature

Spotify has launched a new feature allowing users to search for and follow music venues directly within the app. The update aims to streamline concert discovery and ticket purchasing while supporting local music scenes. Enhanced personalized recommendations are now available through the refreshed Live Events feed.

Enhanced Music Discovery Through Venue Integration

Spotify has reportedly expanded its live music capabilities by introducing venue search and following features for both Free and Premium users, according to recent announcements. This development represents the latest step in the streaming platform’s ongoing efforts to bridge digital listening with physical concert experiences.

by Tyler Brooks P.E
BusinessSoftware Guides

Spotify Managed Accounts Expand to US and Key Markets for Family Plan Users

Spotify has expanded its Managed Accounts feature to the United States, United Kingdom, Canada, and multiple European countries. The family-focused streaming control allows parents to manage music content for children under 13 while maintaining separate listening experiences.

Spotify has significantly expanded the availability of its parent-managed accounts to key international markets including the United States, United Kingdom, Canada, Australia, and several European nations. This strategic rollout follows successful pilot testing and represents Spotify’s continued commitment to family-friendly streaming options that give parents granular control over their children’s music consumption.

What Are Spotify Managed Accounts?

by Megan Carter