Sonos might be the next music-related company to be launched on the public markets, after Spotify.
Indeed, some of its recent recruitment ads spotted by "Variety" hint at an IPO in the future. One, for a "corporate controller", specifically requests “current public company experience as a controller or assistance controller”. Sonos is also looking for a general counsel with experience at “a multi-billion dollar public company”, and as the corporate-controller ad explains, is putting in place financial rules (‘SOX 404 compliance’) that is usually a precursor to a private company going public, according to "Music Ally".
Sonos’ spokesperson asked for comment by Variety, answered:
We like where our business is and an IPO is something all tech companies think about.
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