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The funny part of the social media bubble is that if you looked at the dot-com era, it looks like financial fraud just like the housing boom: VCs going public w
by rjurney 17y ago
The funny part of the social media bubble is that if you looked at the dot-com era, it looks like financial fraud just like the housing boom: VCs going public with a domain name and no product shipped to cash out before the inevitable implosion.
Except now there is no going public, SOX killed IPOs and the M&A market is hurting too and yet... they're still doing it. So they must have been honest the first time! :)