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Founder-story archive · · 61 seconds

Daniel Ek and Spotify

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Timestamped caption record

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  1. 0:00This guy built the biggest music service
  2. 0:01on Earth while Steve Jobs tried to keep
  3. 0:03it out of America. Meet Daniel Ek,
  4. 0:06founder of [music] Spotify. Grew up in
  5. 0:07Rågsved, a working-class suburb of
  6. 0:09Stockholm. Coding at 14, running a web
  7. 0:11business from his bedroom by 16. Sold
  8. 0:13[music] his first company at 23 and
  9. 0:15retired to a red Ferrari and a nightclub
  10. 0:17habit. Hated it. 2006, with Martin
  11. 0:20Lorentzon, he started Spotify. Every
  12. 0:22song [music] free, legal, instantly. The
  13. 0:24labels laughed. It took 2 years to
  14. 0:26launch in Sweden, [music]
  15. 0:27then America. According to the book
  16. 0:29Spotify Untold, Jobs used Apple's grip
  17. 0:31on the record labels to stall the deal.
  18. 0:33iTunes had 80% of digital music. Spotify
  19. 0:36waited 2 more years. [music] July 2011,
  20. 0:38it finally launched in the US. Apple
  21. 0:40Music arrived in 2015 with the iPhone
  22. 0:42behind it. Didn't [music] matter. Today,
  23. 0:44Spotify has 777 million users, 300
  24. 0:48million paying, more than any music
  25. 0:49service that [music] has ever existed.
  26. 0:51The company is worth over a hundred
  27. 0:53billion dollars, and the kid from
  28. 0:54Rågsved who retired at 23 is now its
  29. 0:57executive [music] chairman. Follow
  30. 0:58Vibing Economies for more.
Original publication and evidence scope

Original YouTube title: “Steve Jobs tried to keep Spotify out of America. Daniel Ek won.”. The original title may contain claims not confirmed by this companion.

Upload date, duration and captions were retrieved from the public YouTube record on 2026-10-16. Dates are day-level, not an asserted exact upload time. Market values, audience totals and references to “today” belong to the original publication context.

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