Pandora

 
  • Pandora Ups Price Of IPO To $10 To $12 Per Share, Now Valued At $1.9 Billion

    Pandora Ups Price Of IPO To $10 To $12 Per Share, Now Valued At $1.9 Billion

    Music streaming service Pandora has just filed a new version of its S-1 that indicates the company will be upping the price range of its stock to $10 to $12 per share, giving the company a valuation of $1.9 billion. That's up from Pandora's recently pricing of its stock at $7 to $9 per share, at a market cap of $1.3 billion. Pandora's stock will be traded on The New York Stock Exchange under the… Read More

  • Note to Self: If the Halls Clear at Conferences, IPOs Are Near

    Note to Self: If the Halls Clear at Conferences, IPOs Are Near

    In Silicon Valley the terms of venture capital deals, the prices of valuations and the real stories of ousters are routinely dished, whether they always show up in the press or not. Sure it's all off the record or on background or whispered at a coffee shop, but people who live here love what they do and when companies and valuations grow this quickly, it's hard to keep the juicy details under… Read More

  • Pandora Prices IPO At $7 To $9 Per Share At Valuation Over $1B, Raising $141.6M

    Pandora Prices IPO At $7 To $9 Per Share At Valuation Over $1B, Raising $141.6M

    Music streaming service Pandora has just filed a new version of its S-1 that indicates the company will be pricing its stock at $7 to $9 per share. Pandora's stock will be traded on The New York Stock Exchange under the symbol “P.” According to the filing, Pandora aims to raise as much as $141.6 million in the offerring, and will offer offering 5,000,682 shares of its common stock with the… Read More

  • Pandora Is Now 10 Billion Thumbs Strong

    Pandora Is Now 10 Billion Thumbs Strong

    Personalized radio service Pandora has reached a major milestone: last week it recorded its 10 billionth thumb (and it was a thumbs up). Avid fans of the popular service already know what that means — for the rest of you, Pandora lets users mark the song that's currently playing with a Thumbs Up or Thumbs Down. The effect is pretty straightforward: hit a thumbs up and Pandora will try to play… Read More

  • Welcome To The U.S.! What Spotify Can Expect When It Arrives

    Welcome To The U.S.! What Spotify Can Expect When It Arrives

    I just read that Spotify is coming to the U.S! Oh, wait. That was an article from 2009. I hope they really mean it this time. I love the product. To grease the skids for them a bit, I’ve put together a little travel guide for what they can expect in advertising and media circles when they do arrive. Lots of love in digital circles. Being Swedish I’m guessing they’re fantastic dressers and… Read More

  • Is Late Stage the New Early? Behind the Staggering Return of the $1B Venture Fund

    Is Late Stage the New Early? Behind the Staggering Return of the $1B Venture Fund

    In Silicon Valley it's not just who you invest in that matters-- it's also when you invest in them. The earlier the investment, the riskier the bet. But the more jawdropping the returns if the company hits it big. It's so lopsided, that typically just 5% of those unsure early bets create some 95% of the entire venture industry's returns. Miss one of them, and it haunts you for years. Snag it, and… Read More

  • Big Appetite: Greylock Sends Entrepreneurs a Message with Expanded $1 Billion Fund

    Big Appetite: Greylock Sends Entrepreneurs a Message with Expanded $1 Billion Fund

    In case you missed it, being a super angel is officially passe. The new hotness is having a late-stage growth cash. Sequoia Capital is doing it. Andreessen Horowitz is doing it. Kleiner Perkins Caufield & Byers is doing it. Accel is doing it. Hell, even Chris Sacca is somehow doing it. Greylock is the latest to officially join the club, with news today of an expansion to its current fund… Read More

  • Fred Wilson on Going After New Opportunities

    (Founder Stories) Fred Wilson Explains Why He Wouldn't Invest In Groupon Or Pandora

    Few VCs have a hotter hand right now than Fred Wilson. His firm, Union Square Ventures, is an investor in Twitter, Zynga, Foursquare, Tumblr, Etsy, Clickable, and more . In this episode of Founder Stories, he talks to host Chris Dixon about Union Square's investment thesis has changed from going after all web apps to companies that are "building a large networks of engaged users." (Watch the… Read More

  • With 80 Million Users, Pandora Files To Go Public

    With 80 Million Users, Pandora Files To Go Public

    Music streaming service Pandora has filed to go public. It could end up raising as much as $100 million. Morgan Stanley and J.P. Morgan are co-managing the deal. The filing puts them on track for a mid-2011 IPO, as we reported earlier. Some financial stats from the SEC filing: For the first nine months of 2010 it lost $328,000 on revenues of $90 million. (Michael Robertson's $100 million… Read More

  • Pandora and the Final, Crucial Internet Radio Frontier: The Car (TCTV)

    Pandora and the Final, Crucial Internet Radio Frontier: The Car (TCTV)

    At CES this week, Pandora made two announcements that get its popular Internet radio service into cars, one for Toyota and one for BMW. But while exciting, the reality is these are still hacks that use your smart phone to solve the big car Internet radio problem: Connectivity. It's a big problem but a crucial one for Pandora to solve if it wants to realize its mission of being wherever radio is. Read More