Spotify probably wont be pursuing an IPO any time soon, as it’s emerged that the company is about to raise  $500m investment from Goldman Sachs.

That’s according to The Wall Street Journal, who reported on the music streaming company’s latest funding round on Thursday.

The company secured $250m investment from Technology Crossover Ventures in 2013, when Spotify was valued at $4bn at the time. According to an anonymous source, the latest round of funding, if followed through, could see ...