The Series A crunch is hitting now. Have we even noticed?
pandodaily.com
NOVEMBER 29, 2012
“Founders don’t think their problems are due to trends. As a result, Pandora is nowhere near profitable at more than $103 million in quarterly revenue, paying more than half of this sum to labels for content licenses. iOS App Store revenue still dwarfs Google Play’s, but the challenger is catching up fast.
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