Pandora

  • Pandora’s Westergren: The Biggest Tectonic Shift In Music Is From Terrestrial To Personalized Radio

    Pandora’s Westergren: The Biggest Tectonic Shift In Music Is From Terrestrial To Personalized Radio

    This afternoon at The Web 2.0 Summit, Pandora Co-founder Tim Westergren sat down with Fortune Editor Adam Lashinsky to talk about what’s going on at everybody’s favorite personalized radio platform. For those who may have missed it, Pandora recently enjoyed a relatively high-profile IPO, putting its “P” ticker symbol right smack in the middle of “IPO”… Read More

  • Pandora Rolls Out Its Slick HTML5 Player To All Users (And No More 40-Hour Cap!)

    Pandora Rolls Out Its Slick HTML5 Player To All Users (And No More 40-Hour Cap!)

    Popular personalized radio service Pandora, which went public in June, has just announced that it’s rolling out its overhauled, HTML5-based music player to everyone. The service has been testing the player since July, and it’s a huge improvement over the old Flash-based experience. Everything looks much more modern, it’s faster, and it’s easier to use. The other big… Read More

  • Pandora Crosses 100M Users, Seeing 36M Monthly Active Users

    Pandora Crosses 100M Users, Seeing 36M Monthly Active Users

    Pandora announced a significant redesign this morning, and paired with this announcement comes a number of user milestones for the music streaming and personalized radio service. The company now has 100 million registered users and 36 million monthly active users across its platform. The company is announcing these stats at its first Analyst Day, a month after the company debuted on the New… Read More

  • Dancing To The Drumbeat Of HTML5, New Pandora Is Brilliant, Beautiful

    Dancing To The Drumbeat Of HTML5, New Pandora Is Brilliant, Beautiful

    Perhaps you noticed that TechCrunch went through a bit of a redesign yesterday. Well, we’re not the only ones undergoing a major facelift this summer. Another site you all know and love will soon look completely different. More importantly, it will soon function much better. It’s a change that will affect millions. Get ready for New Pandora. Yes, after years of familiarity… Read More

  • How This Year's Tech IPOs Are Doing, And Who's Next

    How This Year's Tech IPOs Are Doing, And Who's Next

    Bubble or not, 2011 may go down as the year of the tech IPO. Not since the last bubble have we seen so many technology companies clamoring to go public. And halfway through the year, we still have many more companies who will be listing on either the NASDAQ or the NYSE in the next six months. Here’s a roundup of the tech companies that have gone public, where they are trading now, and who… Read More

  • As Zynga Files For $1B IPO, LinkedIn And Pandora Stocks Pop

    As Zynga Files For $1B IPO, LinkedIn And Pandora Stocks Pop

    Zynga filed for its much awaited $1 billion IPO this morning, revealing some impressive revenue and profit numbers. And it looks like recent tech IPOs Pandora and LinkedIn are seeing some major increases in stock value in morning trading after a rocky few weeks. LinkedIn, which opened at $83 per share in May, has hovered between $60 and $75 per share for the past month, dipping as low as $60… Read More

  • Pandora Pop Is Gone Day After IPO

    Pandora Pop Is Gone Day After IPO

    After popping 60 percent yesterday in the first day of trading, shares of streaming music company Pandora are back to around $13 to $17 per share in morning trading. Pandora was priced at $16 per share on Tuesday evening, but opened at $20 and closes at $17.42 yesterday afternoon. Today, Pandora opened at $16.99 and dropped as low as $12.99 in trading. Pandora’s stock closed at $13.26… Read More

  • Pandora Puts The "P" In IPO — Our Talk With Them On The Big Day

    Pandora Puts The "P" In IPO — Our Talk With Them On The Big Day

    Three years ago, I got a phone call — Pandora was about to die. Things were not going well for the Internet radio service at that point. The economy was collapsing, Sequoia would soon give its infamous “RIP, Good Times” presentation, and most importantly for Pandora, it was starting to look like the Copyright Royalty Board (CRB) may not lower their rates. This led founder… Read More

  • Pandora Opens At $20 Per Share With A Market Cap Of $3.2 Billion

    Pandora Opens At $20 Per Share With A Market Cap Of $3.2 Billion


    Yesterday, music streaming service Pandora priced its IPO at $16 per share (valuing the company at $2.6 billion). The company originally set the range of its IPO at $7 to $9 per share, at a market cap of $1.3 billion; but upped the range last week to $10 to $12 per share, giving the company a valuation of $1.9 billion. Today, Pandora debuted, under the symbol ‘P’ on the New York… Read More

  • First Silicon Valley Consumer Internet Company Joins The Wall Street Single Letter Club

    First Silicon Valley Consumer Internet Company Joins The Wall Street Single Letter Club

    As we reported earlier, Pandora will start trading tomorrow on the New York Stock Exchange under the single letter symbol “P”. By doing so, it becomes the first Silicon Valley consumer Internet company to join the exclusive one-letter stock ticker symbol club. That club was once reserved for the big blue-chip industrial companies: Chrysler (C), Ford (F), Sears (S), U.S. Steel (X)… Read More

  • Pandora Prices IPO At $16 Per Share, Now Valued At $2.6 Billion

    Pandora Prices IPO At $16 Per Share, Now Valued At $2.6 Billion

    Music streaming service Pandora has priced its IPO at $16 per share, valuing the company at $2.6 billion. The company originally set the range of its IPO at $7 to $9 per share, at a market cap of $1.3 billion; but upped the range last week to $10 to $12 per share, giving the company a valuation of $1.9 billion. Pandora’s stock will begin trading tomorrow morning on The New York Stock… Read More

  • 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… 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… 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… 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… 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… 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… 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… 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… 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… Read More