Last.fm NYSE:CBS
-39%
est. 2Y upside i
Rank
#3096
Sector
Music Technology, Social Networking, Data Analytics
Est. Liquidity
~4Y
Data Quality
Data: LowLast.fm offers significant downside risk for a job candidate due to severe preference overhang ($5M vs ~$5M entry valuation), missing financial data, and high incumbent threat.
Last updated: July 21, 2026
Revenue grows 20% YoY, exit multiple holds at 2x (low growth tech comps). With dilution 20% net, upside 40.7%.
Revenue grows 20% YoY, exit multiple contracts to 1x. After 20% dilution, downside -39.7%.
Revenue grows slowly, exit valuation below $5M preference; common stock wiped out by 1x liquidation preference.
Preference Stack Risk
severeFunding Intensity
10000%Total funding of $5M equals the estimated entry valuation, meaning preferred stock holds full liquidation preference over common.
Dilution Risk
highWith low revenue, unprofitability, and stale round, a new capital raise within 24 months is likely, diluting common by 15-25%.
Secondary Liquidity
noneNo secondary market exists; the company has not had a valuation event since 2006.
Questions to Ask at the Interview
Strategic questions based on Last.fm NYSE:CBS's data — designed to show you've done your homework.
- 1
“How will Last.fm differentiate its recommendation engine from Spotify's in a world of streaming?”
- 2
“What is the monetization roadmap beyond subscriptions and partnerships?”
- 3
“Given the capital-intensive nature of music rights, how does the company plan to scale without significant funding?”
Community
Valuation Sentiment
Our model estimates -39% upside. What do you think?
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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.