NEW YORK ( TheStreet) -- Each day that passes without an announcement -- or even an errant rumor -- that Pandora (P - Get Report) will do more to put the treasure trove of data it collects to work for independent artists and the broad music industry adds to my concerns over the company's long-term success and relevancy.
Pandora and Facebook (FB - Get Report) belong in the same conversation, but not just because they're part of an elite group of mobile advertising pioneers that also includes Twitter, Google (GOOG) and Apple (AAPL - Get Report). For better or worse, Pandora and Facebook "sold out" to Wall Street subsequent to post-IPO pressure.
Both companies have convinced investors they have legitimate mobile advertising businesses. At the same time, Pandora and Facebook have reassured Wall Street that their sales efforts -- in size and scope -- will only increase over time. In other words, expect new and different advertising products from both and, in Pandora's case, more commercials per hour.
I can go both ways on the notion of "selling out." It's easy to criticize a company for giving in to Wall Street, let alone the decision to go public in the first place. It's a complicated decision founders agonize over, but often end up viewing as a natural step in their creation's evolution. That said, while you can't argue with Pandora's results -- and the stock's run -- you also can't help but wonder if this short-term success jeopardizes what Pandora could become from standpoints that transcend business.