No pop does not = bad IPO. Pandora raised more capital than intended as the final IPO price of $16/share was about double that of the initial target IPO price range of $7 to $9. The lack of stock price volatility in the market is often a good thing as it allows the company a clearer picture of its capital base.
Pandora Pop Is Gone Day After IPO
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Re: Pandora Pop Is Gone Day After IPO
#22Pandora 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…
So to restate your argument, Pandora is a company capable of carrying out an undertaking of great advantage, but nobody knows what it is.
Does that sound fair?
Re: Pandora Pop Is Gone Day After IPO
#23No pop does not = bad IPO. Pandora raised more capital than intended as the final IPO price of $16/share was about double that of the initial target IPO price range of $7 to $9. The lack of stock price volatility in the market is often a good thing as it allows the company a clearer picture of its capital base.
Pandora didn't get any of that "pop" capital. It went to investors who were able to sell on the first day.
Re: Pandora Pop Is Gone Day After IPO
#24From the title, I thought the shareholders had demanded they stop playing pop music...
(That was not a joke. At least to me, "pop" in connection to a music company does not make me think of stock prices.)
Re: Pandora Pop Is Gone Day After IPO
#25Pandora replaces radio, and their music genome is pretty amazing and extremely hard to reproduce technology.
Look at related stocks like Clear Channel, Sirrius/XM, etc.. http://www.google.com/finance/related?q=PINK:CCMO
Re: Pandora Pop Is Gone Day After IPO
#26Earlier 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…
So to restate your argument, Pandora is a company capable of carrying out an undertaking of great advantage, but nobody knows what it is. Does that sound fair?
It sounds distorted. Pandora is a huge brand name and is already in places you aren't aware of -- in part because you're probably not its target market.
Re: Pandora Pop Is Gone Day After IPO
#27Earlier 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?
Hahaha. That's your argument?
Yes, my snarky friend, that's my argument. Given your years of experience running startups from conception to IPO/buyout, I'm sure you can understand.
BTW I don't scoff at all at lifestyle businesses, if you're lucky enough to pull one off. But they're a different beast, and expertise in one area does not automatically translate to expertise in another.
Re: Pandora Pop Is Gone Day After IPO
#28Earlier quoted context omitted.
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.
Actually they've been previously profitable but keep putting money into expanding the business.
Re: Pandora Pop Is Gone Day After IPO
#29I 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?
I get ads in the audio stream on my phone.