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 technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.