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  • Social Media Bubble

    Posted by Jonathan on November 30th, 2012 (All posts by )

    Jesse Colombo on Twitter:

    A consistent theme of mine has been that the popping of the soc-media bubble will result in layoffs. Read last parag.: http://seekingalpha.com/article/781911-is-the-social-media-bubble-finally-popping

     

    2 Responses to “Social Media Bubble”

    1. Dan from Madison Says:

      Shorting Facebook was one of the easiest calls I have ever made. All you had to do was read their ridiculous business plan. That, and Carl from Chicago was buying, and he is his best contrary indicator.

    2. Bill Brandt Says:

      OTOH I know someone who had the opportunity to get in on the Google IPO. I thought “how ridiculous – how are they going to make money?”

      I figured I would wait until things settled from the initial $100 or so (as I recall) offering…

      Still waiting ;-)

      On these things you have to always wonder how much is just silly froth and how much fundamentals?