Pandora Is Worth $2.6 Billion?

Internet radio service Pandora is in the  headlines this week for going public yesterday. The company raised $235 million in the IPO, offering approximately 14.7 million shares of common stock.  After I was all said and done, the leading web radio niche music provider was valued as a $2.6 billion company.  Think about that next time you’re using them to kill time jamming out to music at your desk.  Pandora Media was founded on January 1st, 2000.