Good article on Pandora IPO

My friend Henry wrote an article making fun of the valuation of Pandora.
Read it here

A company that cannot even cover its cost of goods sold (negative gross margin) is something I had not come across earlier. Needless to say, I don’t care if this stock doubles. It is not for me!

Disclaimer: No positions.

About Adib Motiwala

Portfolio Manager at Motiwala Capital LLC
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