Pandora is still massively overpriced at $16/share. I reckon a price at $2/share would still be a significant gamble: http://shortlogic.tumblr.com/post/6586713689/pandora-should-...
Pandora Pop Is Gone Day After IPO
11–20 of 29 posts
Re: Pandora Pop Is Gone Day After IPO
#12Earlier quoted context omitted.
Pandora isn't bleeding cash.
"Pandora is by far the leading Internet radio service, with 80 million registered users, but it has yet to earn a profit and nearly half of its revenues go toward paying royalties to be able to stream music, fees that are set to escalate over the next four years. It had losses of $328,000 in the nine months ending Oct. 31." From an article dating Feb 14th, this year: http://www.variety.com/article/VR1118032185?refCat…
If you consider losing $328,000 in nine months while posting $90M in revenue to be "bleeding cash", I suppose you're right.
Re: Pandora Pop Is Gone Day After IPO
#13Pandora is still massively overpriced at $16/share. I reckon a price at $2/share would still be a significant gamble: http://shortlogic.tumblr.com/post/6586713689/pandora-should-...
That post is skewed and narrow-minded. Pandora is in places most people don't realize, and has growth opportunities the poster is not taking into account.
Remember, there's a big difference between a lifestyle business and a startup. A startup knows how to grow and do so creatively. A lifestyle business has no such inclination, and those involved with such efforts tend to think about other businesses in a narrow manner.
Re: Pandora Pop Is Gone Day After IPO
#14Earlier quoted context omitted.
They're profitable?
http://news.cnet.com/8301-31001_3-10433355-261.html Looks like they recently turned their first quarterly profit. I love Pandora. It's the app that's being run the most on all my machines (laptop/desktop/android). In my eyes it's completely overpowered things like satellite radio. Google Music is nice, too, but only if you have a large existing library of music, and in my recent experience it's been very slow to jump…
The royalty rate that Pandora pays will increase 10% a year until 2015, which is when their current agreement expires. So, essentially, they have to be 10% better at extracting value out of each song played over the next 3.5 years. All bets are off come 2015.
http://techcrunch.com/2010/06/16/tc-teardown-pandora-the-tou...
Re: Pandora Pop Is Gone Day After IPO
#15Pandora is still massively overpriced at $16/share. I reckon a price at $2/share would still be a significant gamble: http://shortlogic.tumblr.com/post/6586713689/pandora-should-...
That post is skewed and narrow-minded. Pandora is in places most people don't realize, and has growth opportunities the poster is not taking into account. Remember, there's a big difference between a lifestyle business and a startup. A startup knows how to grow and do so creatively. A lifestyle business has no such inclination, and those involved with such efforts tend to think about other businesses in a narrow mann…
Hahaha. That's your argument? "They're in many places and you wouldn't understand why they're so valuable if you have a 'lifestyle' business".
How about dishing concrete examples of all these places they're in that's going to make them as astonishingly profitable as they need to be to justify a $2.5B valuation?
Re: Pandora Pop Is Gone Day After IPO
#16I find if I run Pandora in a browser that has e.g. AdBlockPlus on it, I don't get ads. Given that, how can they possiby be making any money on me?
Re: Pandora Pop Is Gone Day After IPO
#17Earlier quoted context omitted.
That post is skewed and narrow-minded. Pandora is in places most people don't realize, and has growth opportunities the poster is not taking into account. Remember, there's a big difference between a lifestyle business and a startup. A startup knows how to grow and do so creatively. A lifestyle business has no such inclination, and those involved with such efforts tend to think about other businesses in a narrow mann…
Hahaha. That's your argument? "They're in many places and you wouldn't understand why they're so valuable if you have a 'lifestyle' business". How about dishing concrete examples of all these places they're in that's going to make them as astonishingly profitable as they need to be to justify a $2.5B valuation?
How about not assuming a company that just IPOed is at the end of its road but instead will continue innovating and finding new revenue streams? They did just raise $200MM after all.
Re: Pandora Pop Is Gone Day After IPO
#18Earlier quoted context omitted.
Hahaha. That's your argument? "They're in many places and you wouldn't understand why they're so valuable if you have a 'lifestyle' business". How about dishing concrete examples of all these places they're in that's going to make them as astonishingly profitable as they need to be to justify a $2.5B valuation?
How about not assuming a company that just IPOed is at the end of its road but instead will continue innovating and finding new revenue streams? They did just raise $200MM after all.
I'd be more impressed if they could support themselves after 7 years and didn't need investments and an IPO to stay afloat.
Re: Pandora Pop Is Gone Day After IPO
#19From the title, I thought the shareholders had demanded they stop playing pop music...
Re: Pandora Pop Is Gone Day After IPO
#20Earlier quoted context omitted.
Hahaha. That's your argument? "They're in many places and you wouldn't understand why they're so valuable if you have a 'lifestyle' business". How about dishing concrete examples of all these places they're in that's going to make them as astonishingly profitable as they need to be to justify a $2.5B valuation?
How about not assuming a company that just IPOed is at the end of its road but instead will continue innovating and finding new revenue streams? They did just raise $200MM after all.
I actually think Pandora is going to turn out to be a nice, profitable business. But the valuation they're getting in the market is not that of a "nice, profitable business". It's one of a MASSIVELY profitable business throwing off hundreds of millions in profits. So far they haven't thrown off anything.