Sure, Spotify is worth billions on paper. But only one online music company has successfully avoiding the online music graveyard of the last decade-plus and made it out to the public markets as a multi-billion dollar company: Pandora.
While impressive, it has been an ugly, gritty, grind-it-out, bare-knuckled ride full of ups and downs. The first time I met Pandora co-founder Tim Westergren years ago at an industry dinner, I was agog as he described the many times Pandora could have died, and impressed with his and his team’s insistence that it not die. One of my favorite sayings is from Naval Ravikant: Companies only die for two reasons: They run out of money, or the founder gives up. Pandora was the ultimate case of the founders not giving up in the face of extreme, extreme adversity that killed hundreds of like-minded music startups.
And in many ways, it’s still fighting a lot of those same battles.
So it’s with extreme excitement that our first PandoMonthly of the year will be with Tom Conrad and Tim Westergren of Pandora. Tickets are on sale now.
For the first time, we are doing this PandoMonthly in Vegas, during CES. I’ve wanted to do an event in Vegas for a while, and this is the perfect timing and the perfect company — while Pandora is very much in our wheelhouse of high-growth, disruptive startups, it’s also a company that got a major boost with the smartphone and gadget revolution when online radio was liberated from the desktop.
The event will be held at the gorgeous and brand new Inspire theatre downtown. We will have free beer, a great conversation, and a party afterwards at the Inspire with Tim and Tom and the PandoDaily editorial team. We hope to have a great mix of Vegas locals and road warriors who want a break from the strip.