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All else equal, maybe. You know what screams "bubble" to me? Everyone defending valuations by comparing the company du jour to Facebook. It's like arguing th
by Travis 14y ago
All else equal, maybe.
You know what screams "bubble" to me? Everyone defending valuations by comparing the company du jour to Facebook.
It's like arguing that Webvan wasn't overvalued because Amazon.com has been successful. Unless a seriously meaningful connection between Facebook and Pinterest is drawn, the comparison is meaningless.
- deleted 14y ago[deleted]
- jamiequint 14y agoFacebook's P/E is on par with Google's IPO P/E. So was Google a bubble company too?