"deep pockets"....Agree..the PPS should rise to a more reasonable valuation with more buyers.....A buyout is also a huge possibility...Hypster has high user growth..AND more importantly the user demographics (young music listeners) is a much sought after group...A specific demograghic is more valuable than a broad base user group with similiar numbers...last year Disney paid a HUGE premium for a Canadian company...Penquin theme....not saying Hypster will command as much...but far more than what has been mentioned in other posts here...(No expert on internet traffic..but a very close friend is and he was impressed with the numbers. The demographics are his words)...time will tell...imho