3 ms·
The 1996 to 2000 period was remarkable as the dot-com IPO crazy period. It's the closest, and most optimistic investment environment to what we are seeing toda
by StandardBub 14y ago
The 1996 to 2000 period was remarkable as the dot-com IPO crazy period. It's the closest, and most optimistic investment environment to what we are seeing today, thus makes a good comparison for making an optimistic valuation model for Facebook.
- pyoung 14y agoAre you serious? The two periods are hardly comparable. See link. http://www.hbs.edu/units/finance/pdf/Where%20Have_April_3_2012.pdf http://www.hbs.edu/units/finance/pdf/Where%20Have_April_3_20...
- ChuckMcM 14y agoThat is a great paper btw. It's nice to see some analysis of the impact of velocity on startups and IPOs rather than just regulation.
- pbreit 14y agoToo bad the study's period was 1996 to 2010.
- JumpCrisscross 14y agoActually, it's June 1996 to December 2005 [1] [1] http://bear.warrington.ufl.edu/ritter/post_ipo_report_05222012.pdf http://bear.warrington.ufl.edu/ritter/post_ipo_report_052220... (page 9, Panel C)