4 ms·

Pandora is still massively overpriced at $16/share. I reckon a price at $2/share would still be a significant gamble: http://shortlogic.tumblr.com/post/65867136

by dhh 15y ago

Pandora is still massively overpriced at $16/share. I reckon a price at $2/share would still be a significant gamble: http://shortlogic.tumblr.com/post/6586713689/pandora-should-be-trading-at-2-share-tops http://shortlogic.tumblr.com/post/6586713689/pandora-should-...

sabat 15y ago
That post is skewed and narrow-minded. Pandora is in places most people don't realize, and has growth opportunities the poster is not taking into account. Remember, there's a big difference between a lifestyle business and a startup. A startup knows how to grow and do so creatively. A lifestyle business has no such inclination, and those involved with such efforts tend to think about other businesses in a narrow manner.
- dhh 15y ago
  Hahaha. That's your argument? "They're in many places and you wouldn't understand why they're so valuable if you have a <scoff> 'lifestyle' business". How about dishing concrete examples of all these places they're in that's going to make them as astonishingly profitable as they need to be to justify a $2.5B valuation?
  - mattlong 15y ago
    How about not assuming a company that just IPOed is at the end of its road but instead will continue innovating and finding new revenue streams? They did just raise $200MM after all.
    - jcol 15y ago
      I'd be more impressed if they could support themselves after 7 years and didn't need investments and an IPO to stay afloat.
      - sabat 15y ago
        Actually they've been previously profitable but keep putting money into expanding the business.
    - dhh 15y ago
      I actually think Pandora is going to turn out to be a nice, profitable business. But the valuation they're getting in the market is not that of a "nice, profitable business". It's one of a MASSIVELY profitable business throwing off hundreds of millions in profits. So far they haven't thrown off anything.
  - sabat 15y ago
    Hahaha. That's your argument? Yes, my snarky friend, that's my argument. Given your years of experience running startups from conception to IPO/buyout, I'm sure you can understand. BTW I don't scoff at all at lifestyle businesses, if you're lucky enough to pull one off. But they're a different beast, and expertise in one area does not automatically translate to expertise in another.
- jordanb 15y ago
  So to restate your argument, Pandora is a company capable of carrying out an undertaking of great advantage, but nobody knows what it is. Does that sound fair?
  - sabat 15y ago
    It sounds distorted. Pandora is a huge brand name and is already in places you aren't aware of -- in part because you're probably not its target market.

by dhh 15y ago

sabat 15y ago

That post is skewed and narrow-minded. Pandora is in places most people don't realize, and has growth opportunities the poster is not taking into account. Remember, there's a big difference between a lifestyle business and a startup. A startup knows how to grow and do so creatively. A lifestyle business has no such inclination, and those involved with such efforts tend to think about other businesses in a narrow manner.

dhh 15y ago
Hahaha. That's your argument? "They're in many places and you wouldn't understand why they're so valuable if you have a <scoff> 'lifestyle' business". How about dishing concrete examples of all these places they're in that's going to make them as astonishingly profitable as they need to be to justify a $2.5B valuation?
- mattlong 15y ago
  How about not assuming a company that just IPOed is at the end of its road but instead will continue innovating and finding new revenue streams? They did just raise $200MM after all.
  - jcol 15y ago
    I'd be more impressed if they could support themselves after 7 years and didn't need investments and an IPO to stay afloat.
    - sabat 15y ago
      Actually they've been previously profitable but keep putting money into expanding the business.
  - dhh 15y ago
    I actually think Pandora is going to turn out to be a nice, profitable business. But the valuation they're getting in the market is not that of a "nice, profitable business". It's one of a MASSIVELY profitable business throwing off hundreds of millions in profits. So far they haven't thrown off anything.
- sabat 15y ago
  Hahaha. That's your argument? Yes, my snarky friend, that's my argument. Given your years of experience running startups from conception to IPO/buyout, I'm sure you can understand. BTW I don't scoff at all at lifestyle businesses, if you're lucky enough to pull one off. But they're a different beast, and expertise in one area does not automatically translate to expertise in another.
jordanb 15y ago
So to restate your argument, Pandora is a company capable of carrying out an undertaking of great advantage, but nobody knows what it is. Does that sound fair?
- sabat 15y ago
  It sounds distorted. Pandora is a huge brand name and is already in places you aren't aware of -- in part because you're probably not its target market.