Pandora Files For IPO, So They Can Pay Their Bills

Looks like Pandora, the Internet music streaming company, have filed for IPO. It seems like they are forced to do an IPO so they can raise money to pay their bills. Their user base have grown exponentially, but the revenue is just not there and they have been losing money for a while. Looks like they are finally at their limit, hope this goes well for them, I would hate to see them go out of business or go paid. Last.fm is probably in the same boat since they just rolled out paid service.

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