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If we are, it should be called the Facebook Bubble. After their IPO when the stock lost half it's value, there was a severe market correction in VC as well. It
by arfliw 12y ago
If we are, it should be called the Facebook Bubble. After their IPO when the stock lost half it's value, there was a severe market correction in VC as well. It got a lot harder to raise money. Now that the stock is up like 400% from its bottom, the money is flowing again. Want to know when the market will again correct? Just watch the price of FB. Or the new breed once they go public (Uber/Airbnb/Dropbox/Square etc).
- easytiger 12y agoThe FB stock dive was largely emotional investing and happens every time when you get an IPO of a brand the general public identify with. I saw it hit about 19 and bought, even if a bit too timidly. I don't think you can read too much into that initial cock up RE facebook's value.