Term Sheet — Monday, April 23

IPO AVALANCHE

Good morning, Term Sheet readers.

I'm back! Huge thanks to my wonderful colleagues Lucinda Shen, Andrew Nusca, Robert Hackett, and Jen Wieczner who pitched in last week. It takes a village.

On to the news.

EYE-POPPING IPO: Is Spotify about to be one-upped? China streaming giant Tencent Music is getting ready for what would be one of the largest tech IPOs ever. Tencent Music Entertainment Group is the digital music arm of Chinese internet giant Tencent Holdings. The company...

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