Smart play: Pandora's launching their IPO before the other big players start moving. With Google Music and Amazon Cloud Player coming into the market, Pandora's trying to get their offering done before competition gets fierce.
Feels like Groupon is doing something similar. With Google and Facebook moving closer into local deals and LivingSocial nipping at its heels, its only a matter of time before Groupon starts feeling the heat.
They're very different from amazon, google, and apple's current/coming offerings as they don't offer streaming on demand; they're a radio service. Even if there were 20 different on demand offerings, their business would still be valid as they're really selling their selection algorithms.
Ridiculous price, though. $1B? Seems very high for a service that only provides radio.
Feels like Groupon is doing something similar. With Google and Facebook moving closer into local deals and LivingSocial nipping at its heels, its only a matter of time before Groupon starts feeling the heat.