You can get your current inotify file watch limit by executing:

$ cat /proc/sys/fs/inotify/max_user_watches

When this limit is not enough to monitor all files inside a directory, the limit must be increased for Listen to work properly.

You can set a new limit temporary with:

$ sudo sysctl fs.inotify.max_user_watches=524288
$ sudo sysctl -p

If you like to make your limit permanent, use:

$ echo fs.inotify.max_user_watches=524288 | sudo tee -a /etc/sysctl.conf
$ sudo sysctl -p

You may also need to pay attention to the values of max_queued_events and max_user_instances if listen keeps on complaining.