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Seems like no one could tell how they would return an investment. Of course, their exit strategy could be an IPO, but it seems too late - looks like they were r
by c00p3r 17y ago
Seems like no one could tell how they would return an investment. Of course, their exit strategy could be an IPO, but it seems too late - looks like they were reached their peak, and in-browser social networks in general is not a so cool thing anymore.
They got the hype, the users, and the data. The data is what someone might want to buy when users start to shift to some new emerging service (something truly mobile and location-based, I guess).
So, it is an established communication platform for people across the globe, but they still unable to make a profit from it, while it is already on the peak.
It that sense it is a true Ponzi scheme. For investors. =)