Daniel Ek is the co-founder of Spotify, a global music discovery service that attracted tens of millions of users with an innovative business model that features access to music across multiple devices over the traditional model of file ownership.
Prior to Spotify, Ek served as chief technology officer of Stardoll, a fashion and entertainment community, and as CEO of uTorrent, the popular BitTorrent client.
Chi-Hua Chien joined Kleiner Perkins Caufield & Byers in 2007. At KPCB he focuses on investments in the iFund (mobile applications), consumer internet, and digital media infrastructure. As a Board Director or observer, he works closely with the teams at Booyah, Chegg, Lockerz, Reputation Defender, and Working Equity.
Prior to KPCB, Chi-Hua worked with Accel Partners as a Venture Advisor and Associate focusing on software as a service, consumer Internet, and online advertising infrastructure. Chi-Hua originated Accel's investments in Facebook and AdECN (acquired by MSFT), while also working on the firm's investments in AdMob, BitTorrent, fbFund, Glam, Trulia, and YuMe Networks.
Previously, Chi-Hua was the Director of Marketing at Coremetrics (acquired by IBM), where he led the marketing and inside sales teams as the company grew from 20 to more than 200 customers. He also served as the company's interim CFO through two rounds of venture funding. Chi-Hua's prior roles include cor...
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Description
Spotify Co-Founder Daniel Ek explains the big goal behind Spotify, in response to a question from KPCB venture capitalist Chi-Hua Chien. Ek articulates Spotify's goal to create a social music service that was more attractive than piracy for consumers that also allowed the music industry to grow.