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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Casey Anthony murder trial experts describe tot's bones 2:04pm EDT Woman mauled by chimpanzee gets face transplant 3:28pm EDT Exclusive: Swiss, U.S. in talks on tax probe settlement 11:57am EDT Spain arrests Anonymous members over Sony attack 4:22pm EDT OPEC says oil supply gap looms later this year 9:18am EDT Discussed 112 Alabama governor signs nation’s toughest immigration law 73 U.S. debt default unimaginable, creditors say 69 Obama holds off challengers despite economy Watched Bodypainters apply their skill Mon, Jul 19 2010 Outrage over point blank teen killing in Pakistan Thu, Jun 9 2011 Four-year-old takes art world by storm Mon, Jun 6 2011 small business Talent search favors tech giants Recruiters say the Web 2.0 hiring boom, which counters nationwide unemployment above 9 percent, shows no sign of abating. And startups are having to be very creative to lure potential hires away from Google and other tech giants. Full Article Silicon Valley recruiter: "Everyone's desperate" 5 reasons to join a startup after graduating Pandora increases IPO value by 48 percent Tweet Share this Email Print Related News In media win, Apple relaxes rules for content Thu, Jun 9 2011 Bankrate's IPO seen valuing co at about $1.6 billion Mon, Jun 6 2011 Analysis: Soaring IPOs raise specter of new bubble Mon, Jun 6 2011 UPDATE 6-The real deal? Groupon files for public offering Thu, Jun 2 2011 Pandora expects 40 percent boost in IPO size Thu, Jun 2 2011 Analysis & Opinion Tech wrap: Apple “spaceship” to tackle “weed” problem Groupon regret: How great deals make you spend more Related Topics Technology » Deals » Global Deals Data 2011 Q1 » Inflows Outflows » Media » By Jennifer Saba and Clare Baldwin NEW YORK | Fri Jun 10, 2011 1:08pm EDT NEW YORK (Reuters) - Online radio company Pandora Media Inc raised the proposed value of its initial public offering by almost 50 percent, hoping to catch the investor fever that has taken Internet companies such as LinkedIn to new heights. The Oakland, California-based company wants to raise about $161.5 million, representing 14,684,000 shares priced at $10 to $12 each. Last week, Pandora said in a filing that it planned to raise about $109.5 million with the sale of 13,684,000 shares offered at $7 to $9 each. The increase in the value of Pandora's IPO is a sign that technology offerings are still a hot part of the market, despite a broader downturn and postponements of other large IPOs like Ally Financial. The S&P 500 index has lost more than 7 percent from its recent peak early last month. (For a Reuters Insider story, see: link.reuters.com/zur99r ) Other Internet companies such as social media job recruitment site LinkedIn, China's Renren and "Russia's Google" Yandex have had strong IPOs building on anticipation for potential offerings by Facebook and Twitter. Still, there is a whiff of concern by critics that soaring IPO values are signs of another bubble, even though the companies going public this in this era make real money. For example, the business model of online daily deal site Groupon, which filed for a public offering last week, has been called into question since it is easily replicated. Pandora, which runs an online service that allows users to stream free music based on feedback from the listener, has more than 90 million registered users. But the company has yet to turn a profit. Pandora makes money mainly from advertising. For the three months ending April, Pandora reported revenue of $51 million with a net loss of $6.8 million. (Reporting by Clare Baldwin and Jennifer Saba; Additional reporting by Rodrigo Campos. Editing by Lisa Von Ahn, Matthew Lewis and Robert MacMillan) Technology Deals Global Deals Data 2011 Q1 Inflows Outflows Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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