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Re:Pandora Files To Go Public by davidu on Friday February 11, 2011 @05:57PM (#2208535)
Not really.

Go find a company from '97 that had $70 million in revenue and was breaking even.*

If there is a company, it might have had absurdly inflated ad-based revenue when CPMs were like $30.

Re:Pandora Files To Go Public by pitdesi on Friday February 11, 2011 @06:09PM (#2208582)
ok, maybe more like 95... Netscape had $80mil in revenues and was close to break even (made a profit in '96) http://www.secinfo.com/dRqWm.8Ae8.htm#49o5
Re:Pandora Files To Go Public by davidu on Friday February 11, 2011 @06:24PM (#2208634)
Netscape absolutely deserved to go public based on any metric. The future could not be predicted based on their inaction and Microsoft's dominance.