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As a counterpoint, the two companies most commonly criticized for having a shoddy business model; Groupon and Zynga, both managed to go public before their valu
by shalmanese 12y ago
As a counterpoint, the two companies most commonly criticized for having a shoddy business model; Groupon and Zynga, both managed to go public before their valuation imploded. The IPO process did very little to burst their hype bubble.
- jonwachob91 12y agoZYNG is holding one hand on a life raft in a hurricane. Their bubble burst as soon as the market realized they were over hyped on Feb 27 2012. They are the prime example of a company that can do fine in a private market but is getting murdered in a public market.