Not necessarily. He could have seen the writing on the wall with Google/YouTube and wanted a platform where he would not be censored ... and may have miscalculated.
I agree. He's said similar things before on his podcast, and I have little reason to not believe him.
People seem to forget that he had an ownership stake in the UFC, which sold for over 4 billion dollars. Also, an ownership stake in Onnit (cofounder), which sold for untold millions to Unilever. $100MM is a lot of money, but he was very, very wealthy before that deal. It's not like he was scraping by on Ramen noodles before Spotify came along.
Not necessarily. He could have seen the writing on the wall with Google/YouTube and wanted a platform where he would not be censored ... and may have miscalculated.