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I wrote about this a couple of weeks ago here. https://news.ycombinator.com/item?id=9467649 https://news.ycombinator.com/item?id=9467649 Public social network
by chollida1 12y ago
I wrote about this a couple of weeks ago here. https://news.ycombinator.com/item?id=9467649 https://news.ycombinator.com/item?id=9467649
Public social networks are really starting to feel the squeeze from wall street as people are getting tired of giving social companies large multiples on the promise of massive revenues that are only a few quarters away.
By the looks of the intra day chart, people are excited about this news. Not really sure who would make a good acquirere however....