Social Media Bubble

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 thoughts on “Social Media Bubble”

  1. 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. 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?

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