Spotify: Profitability is not a priority

Spotify is looking to grow their user base before they make money. Didn’t we just go through this with Instagram and Gowalla?

That’s ultimately the problem with these subscription services: they’re barely profitable, if at all, which means the whole business model is unsustainable. This is one reason I still use iTunes.

Add Spotify to the list of companies that are inevitably going to get purchased by Facebook.