The Pandora Company, a radio service provider, was founded in January of 2000 by Will Glasser, Jon Kraft, and Tim Westergren, in San Francisco, CA. By January 2011 the company was in need of investment funds to fuel its expansion, and met with investment bankers to consider the future of the company as a publicly traded entity. With the support of a group of investment bankers, the company opted to launch its initial trading in February of 2011, with $100 million in public shares offered. By June the price per share had rocketed to $16 a share, and the Continue reading...
