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by lazyjones
2830 days ago
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It takes a competing company that is actually (very) profitable and believes it can successfully monetize the 70 million users Pandora claims to have. My gut feeling is that this will be one of countless such acquisitions that‘ll turn out to be bad for both users and the acquiring company in the next couple of years. There‘s a reason why Pandora isn’t profitable in a market where others make 100‘s of millions in profit every year. |
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