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Since LinkedIn everyone behaves like 2001, every buzz company is trying to get an IPO. Facebook, Groupon, AirBnB, Twitter and Zynga. All of them without a clea
by sek 15y ago
Since LinkedIn everyone behaves like 2001, every buzz company is trying to get an IPO.
Facebook, Groupon, AirBnB, Twitter and Zynga. All of them without a clean history.
My feeling is they all try to go public as fast as possible as long as the Buzz is still there and don't try to create a sustainable business. All of them have bad finances or questionable business models. I would trust Zynga financially the most, but i assume they make their big bucks from people with compulsive gambling disorders.
I think all these people involved know about this and they try to cash out as fast as possible. This is why everyone is so stressed.