

Who knew the wild sounding, Christian hearted Bono from Gloria days would become a PEU? They're known more for worshiping at the altar of annual returns. Did Paul Hewson open Pandora's box? Someone let the PEU's out. They clearly won't go back in, not voluntarily.
Update 2-11-2011: Pandora filed an S-1 with the SEC for a future IPO. Elevation Partners is not on the list of selling stockholders with more than 5% of the company. Pandora is not a listed affiliate of Elevation, however Pandemic Studios is a prior holding. Maybe Bono didn't open the box after all...
Update 2-19-12: Elevation did take a 1.5% stake of Facebook, which nears its IPO. It looks like over $1 billion in profit for Elevtion, well over a four bagger. Will Bono write a song about it?