The personalized radio station is estimated to top $100m in revenue this yearThis analysis is the latest installment from Steve Carpenter, an Internet entrepreneur, who’s one of the few providers of financial insight about the high-profile yet opaque private company sector. This week, we take a look at Pandora, the popular personalized radio station. In our interview, Steve predicts Pandora will more than double its revenue to $125 million this year, due to its popularity on the iPhone and its ability to extract more money from advertisers, thanks to its skyrocketing subscriber base. Steve estimates that Pandora will have more than 100 million registered users this year. But while Pandora is undoubtedly the biggest personalized radio station that exists today, it could face stiff competition from Apple down the road. Yes, Pandora ... [ read more]