The latest Spotify move is significant in terms of its mounting challenge to Pandora in the US. Pandora is a public company that was one of the first to come to market in the Web 2.0 IPO bubble last January. It was valued at $3 billion despite still being a loss-making enterprise. The company still has a market cap of $1.88 billion.
I like Pandora as a service and have used it for a number of years. It's ability to play music that I like and that represents a coheren...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.