Thursday was Groupon's day to go under the microscope. Friday was Pandora's turn.
The popular Oakland-based music-streaming service put the offer price for a planned IPO between $7 and $9 a share in a regulatory filing.
At that price, Pandora would raise $141.6 million at a valuation of about $1.2 billion. Groupon's filing by comparison puts the company IPO value at about $750 million.
Pandora has about 90 million registered users in the United States and its revenue is growing, despite the company operating at a loss, according to the San Francisco Business Times.