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Also, Wayfair hasn't seen a huge appreciation and TripAdvisor has been around since 2000 (admittedly, Yelp was founded in 2004). And HubSpot and Wayfair are bas
by w1ntermute 11y ago
Also, Wayfair hasn't seen a huge appreciation and TripAdvisor has been around since 2000 (admittedly, Yelp was founded in 2004). And HubSpot and Wayfair are based in Boston, and have been relatively underhyped.
Facebook, however, has been demonstrably successful since going public, despite the massive SV hype. Zuckerberg and his team deserve full credit for delivering on a successful mobile monetization strategy and making some great acquisitions (particularly Instagram, given its acquisition price and its estimated valuation now.)
- replicatorblog 11y agoAll fair points! Though I'd argue that ecommerce has been challenging—Zulilly went from IPO to salvage sale in about a year, compared to that Wayfair's slow but steady growth is a success! The TripAdvisor/Yelp comp is great—they're direct competitors. TA also didn't really launch in its current form until 2002 so it's not as unfair as it appears on first glance!
- wdewind 11y ago> Facebook, however, has been demonstrably successful since going public Yes but you're ignoring that it took more than a year for FB to get back up to its IPO price after going public