4 ms·
Add in color, MySpace short sale, Zillow IPO, Linkedin IPO, Pandora IPO, Zipcar IPO Want more?
by efader 15y ago
Add in color, MySpace short sale, Zillow IPO, Linkedin IPO, Pandora IPO, Zipcar IPO
Want more?
- badclient 15y agoAlmost all these IPOs are backed by solid revenues. And almost in all cases, the companies have been around for 5-10 years - very much unlike the IPOs of the last bubble. That fact alone makes this very different from late 90s. So while there may be a bubble "technically", that's not saying much. A better question would be: how bad of a bubble is it? In my opinion, not terribly bad and almost nothing like the last one. MySpace short sale is evidence of how this is NOT a huge bubble. In a bubble, it would go for billions. Also to date, I don't believe any party has sold myspace for a net loss. News Corp may have sold it in a short sale, but they did so after making hundreds of millions in ad rev from it.