Is The Social Media Tech Bubble Ready To Burst? [GRAPHIC]
LinkedIn just finished an IPO that valued is at $8.9 billion. Microsoft bought Skype for $8.5 billion. Facebook’s estimated value is over $100 billion. Doesn't anyone remember that last messy tech bubble in 1999? This infographic from social media site G+, shares the history and valuations of top social media sites. Take a look and tell us if you think a bubble is coming.
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I’m betting the answer is no — there’s way more headroom before there needs to be any kind of reckoning. They’re just getting started.
I just base that on the previous track record for valuation bubbles and how much the market loves to play chicken. We’ve probably got several years left.
Graphic was awesome, though, this is great brainfood, thanks.
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