Big news! Music streaming giant Spotify has officially filed its IPO paperwork with the U.S. Securities and Exchange Commission. The timing of the SEC filing suggest that a public offering is likely in the first quarter of 2018, allowing you the opportunity to purchase your very own piece of the nearly ten-year-old Swede-founded music platform. As of recent, Spotify’s valuation has increased from $16 to $19 billion USD. However, yesterday news surfaced that Spotify is being sued for $1.6 billion for copyright infringement. It’s unclear how the suit will affect Spotify‘s IPO, but it adds a new risk factor that has some investors scared after seeing what happen with Snapchat recently. It is also important to note that Spotify is pursuing a direct listing instead of a traditional float, which could drastically change how some some tech companies go public in the future. Stay tuned!