Streaming online music service Pandora recently launched its initial public offering, selling 14.7 million shares opening day. The share price gives Pandora a valuation of nearly $2.6 billion, but many investors are skeptical about whether it’s worth it. Having millions of subscribed users does not necessarily translate into millions of dollars in profit. Read the full article at CNet.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.