G Squared bought Spotify secondary stock at a 50% discount
Larry Aschebrook · Larry Aschebrook, Founder & MP @GSquared: How We Lost Money on Uber and Made Millions on Lyft · 20VC with Harry Stebbings · Jun 16, 2025 · at 28:33
Larry Aschebrook, founder of G Squared, details how his firm acquired secondary Spotify shares at a steep discount during negative artist publicity.
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“We bought it like a 50% discount to the current financing round. And we just kept buying it there for the next two years.”
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