The “Business Model Later” Approach
I read a Peter Whoriskey Washington Post article on web radio provider Pandora this weekend that had me shaking my head. The company has over one million users and is one of the most popular iPhone applications, but it may have to cease operations: http://www.washingtonpost.com/wp-dyn/content/article/2008/08/15/AR2008081503367.html Pandora founder Tim Westergren admits the company isn’t making money,…