In response to Spotify's direct-listing IPO on the New York Stock Exchange today, Tech:NYC has issued the following statement:

“In the seven years since Spotify set up its U.S. headquarters in New York, it’s continued its astonishing growth while becoming an active corporate citizen here and a new anchor in the creative economy that helps make our city special. Spotify's undeniable success so far is the latest illustration of the world’s most innovative and ambitious companies thriving in New York, hiring New Yorkers, and enriching our city’s cultural fabric.”

-Julie Samuels, Executive Director, Tech:NYC