Elevation Moving to Acquire a Large Stake in Pandora
Earlier sources close to Elevation had told us that there was one more large secondary deal brewing to invest in a well-known, established Internet brand and that the deal size would be around $100 million. It’s a decent assumption this is the deal in question. Especially considering how long some early investors have been in Pandora, and the general meh-ness of this year’s IPO market. We’ll report more details as we get them.