In Pandora's current business model, it loses money on every transaction. Nevertheless, it's riding the wave of tech IPOs.
FORTUNE -- There is a fundamental problem with Pandora Media's business model: the more its product is used, the more money it loses. That's the opposite of what makes a company viable in the long term. Nevertheless, the online music service is asking public shareholders to finance its growth so it can MOREDan Mitchell, contributor - Jun 13, 2011 1:33 PM ET
Groupon's largest shareholder and chairman, Eric Lefkofsky, has a back story investors might want to know.
By Kevin Kelleher, contributor
FORTUNE -- "Lets start having fun... lets get funky... let's announce everything... let's be WILDLY positive in our forecasts... lets take this thing to the extreme... if we get wacked [sic] on the ride down-who gives a shit... THE TIME TO GET RADICAL IS NOW... WE HAVE NOTHING TO LOSE..."
This is a MOREJun 10, 2011 5:00 AM ET
When will Facebook go public? How will it monetize its users? We don't know yet, but here's one educated guess about how much the social networking giant will be worth.
by Andy M. Zaky, contributor
Like many privately held companies, Facebook is very tight-lipped about its financial performance. It told us it became cash flow positive for the first time in September 2009, and earlier this summer it announced it had MOREAug 20, 2010 3:00 AM ET
By Michael Orbach, contributor
Technology companies that are looking to take the plunge and go public might benefit from thinking twice. In many cases, they may be better off with an M&A or private equity transaction.
Lest we forget the lessons of our past, CEO's must remember that an IPO is a financing event in a recapitalization process, not a liquidity event. While it is encouraging that the number of information MOREAug 19, 2010 2:47 PM ET
All you 480 million Skype users out there should be rejoicing today, now that the Internet calling and video service has been freed from the clutches of eBay.
As was announced this morning, eBay is selling a 65% stake in Skype for $1.9 billion in cash to a group of private equity shops and venture capitalists. The deal also includes a loan from eBay of $125 million.
So let's call it $2 billion. That's MOREMichael V. Copeland, Senior Writer - Sep 1, 2009 4:34 PM ET
Will 2009 go down as the year the tech IPO returned?
If you have been an investor in technology IPOs in recent months you've done well.
Starting in April, and really gathering momentum this summer, there has been a slew of tech companies that leapt through the public market window including Changyou (CYOU), Rosetta Stone (RST), OpenTable (OPEN), and most recently Emdeon (EM).
According to IPO research firm Renaissance Capital, the average overall MOREMichael V. Copeland, Senior Writer - Aug 25, 2009 6:00 AM ET
By Michal Lev-Ram
HALF MOON BAY, Calif. - The next big thing in venture capital is small investments, according to a panel of Silicon Valley investors who appeared at Fortune's Brainstorm Tech conference on Tuesday.
"There's no IPO market to speak of right now, big companies like Google (GOOG) and Microsoft (MSFT) are doing far fewer deals than in previous years, so where are the exits coming from?" asked Adam Lashinsky, Fortune MOREMichal Lev-Ram, writer - Jul 22, 2008 7:09 PM ET
|America's economic mobility myth|
|Tech firms call on U.S. to reform spying activities|
|American Airlines, US Airways to form largest air carrier Monday|
|Snowden docs had NYTimes exec fearing for his life|
|FHA to pull back on big mortgages|