Tech

Billion Dollar Startup Spotify Hiring Up In New York

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Spofity, the European music startup that just landed a $100 million investment at a $1 billion to $2 billion valuation from DST, is hiring up in New York.

CEO and cofounder Daniel Ek just tweeted, "Spotify is looking for rockstar engineers and product people in NYC!"

Specifically, Spotify is looking for a graphic designer, an interaction designer, and a software engineer.

According to Spotify's Web site, New York is the only place the company is looking to hire in the US.

Spotify subleases office space at Google's massive New York office in Chelsea, Peter Kafka reports.

Spotify hasn't launched in the US yet, but when it does, some industry watchers expect it to explode in the Facebook ecosystem, perhaps unseating incumbents in the music distribution space the way Zynga used Facebook to unseat incumbents in the videogame space.

Or maybe the huge licensing fees the Spotify will have to pay to labels will drag the whole thing down like so many other Internet music startups.

We'll see!

Related: How To Use Europe's Amazing Free Music Service Spotify In the US

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Nicholas Carlson was Business Insider's global editor-in-chief from 2017 to 2024, overseeing its emergence as a National Magazine Award, Emmy, SABEW, and Pulitzer Prize-winning global news organization with more than 500 journalists reaching 200 million readers and viewers each month.Before that, he was Business Insider's chief correspondent.Carlson is also the author of "Marissa Mayer and the Fight To Save Yahoo!"He was an Executive Producer of "Quiet on Set: The Dark Side of Kids TV," which, during its debut week, was the most-watched television show on any streamer and the most-watched show in Max history.His investigative reporting rewrote the histories of Facebook, Twitter, and Groupon. He also wrote the award-winning features "The Truth About Marissa Mayer: An Unauthorized Biography" and "THE COST OF WINNING: Tim Armstrong, Patch, And The Struggle To Save AOL."Longform.org named "THE COST OF WINNING" the best long-form business story of 2013.Carlson's coverage of Yahoo won Digiday's award for Best Editorial Achievement of the year in 2014.In 2015 Carlson wrote a New York Times Magazine cover story, "What Happened When Marissa Mayer Tried to Be Steve Jobs." It was a finalist for a Mirror Award for best in-depth/enterprise reporting.Carlson began his journalism career at InternetNews.com and then Gawker Media's Valleywag. He went to Davidson College. Disclosure: Nicholas is an investor in private and public companies and adheres to Insider Inc's Conflict of Interest policy, which you can read here.