Spotify will list on the New York Stock Exchange on April 3, meaning you can now pay to own a part of a company that are making all their money from selling access to songs that you may already own the rights to. If that’s not irony, then it’s certainly a reminder that life is a chaotic mess of bent, broken atoms, completely devoid of meaning.

It may seem like a sure thing; Spotify are clearly the market leaders when it comes to streaming music, and despite their logo being just slightly off-centre enough to induce vertigo, they seem to be doing okay.

Here are a few things to consider before investing though.

BEING FIRST TO MARKET ISN’T ALWAYS A GOOD THING

Remember MySpace?

They seemed like they had the social media landscape on lock, what with the customisable pages, and auto-playing music, and ability to ruthlessly rank your friends in public.

Then Diaspora came along, and now nobody even mentions Facebook.

Jan and Dean pre-date The Beach Boys. James Dean was around before James Franco – and he died. You get the point.

TECHNOLOGY CHANGES SO QUICKLY

When was the last time you downloaded a song?