Ahmad Fattahi

Is "Social" the new .com?

Blog Post created by Ahmad Fattahi Employee on May 24, 2011

LinkedIn, the giant professional social networking company, just filed for IPO (became a public company) and raised $9 billion. Zynga, the giant social gaming company, is reportedly preparing to become public soon and raise even more than LinkedIn. Some believe that Facebook, Pandora, Groupon, Yelp, and Kayak will go through the same procedure soon.

 

Do you feel a deja vu here? Is "Social Media" the new .com and the bubble will burst? Or there is enough merit to these new comers that will keep them up where they are right now?

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