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I agree that it's more that the chosen examples are examples of overblown IPO valuations. Pretty shocking graph though: http://www.nytimes.com/imagepages/2012/
by andrewfelix 14y ago
I agree that it's more that the chosen examples are examples of overblown IPO valuations.
Pretty shocking graph though: http://www.nytimes.com/imagepages/2012/07/28/technology/28facebook-chart.html http://www.nytimes.com/imagepages/2012/07/28/technology/28fa...
- mtrimpe 14y agoZynga and GroupOn look bad there and they should as most people agreed they were never solid foundational businesses to start with. If you take Zynga and GroupOn out of the graph though, the Facebook stock could just as well be on a slightly jittery ride to approaching an equilibrium.