Mar 2, 2018
Diddy & Justin Bieber Cashed In On Spotify's IPO
… a handful of savvy artists and operators found a way. Diddy was among those shrewd enough to grab equity in Spotify way back in 2011, musician-turned-venture-capitalist D.A. Wallach told me in an exclusive scoop for my new book, 3 Kings: Diddy, Dr. Dre, Jay-Z and Hip-Hop's Multibillion-Dollar Rise. He poured in cash alongside Justin Bieber, his manager Scooter Braun and several others. …
https://www.forbes.com/sites/zackomalleygreenburg/2018/03/02/why-diddy-and-justin-bieber-are-set-to-cash-in-on-spotifys-ipo/