Re:I appeared on CNN this morning to talk about why I'm not ...
by rdl on Monday May 07, 2012 @01:31PM
(#3940001)
If you want to use directly comparable companies (recent social network IPOs), it's still inconclusive.
ZNGA: sends lots of traffic to facebook, gets users from facebook. Not a great investment for people who bought at the IPO ($10, $8.36 now), but not horrible.
LNKD: ($45 IPO, $114 now) -- social network, but professional vs. personal/social. Small percentage of the company was put on the market, so I'm not sure how valid the market cap really is.
ZNGA: sends lots of traffic to facebook, gets users from facebook. Not a great investment for people who bought at the IPO ($10, $8.36 now), but not horrible.
LNKD: ($45 IPO, $114 now) -- social network, but professional vs. personal/social. Small percentage of the company was put on the market, so I'm not sure how valid the market cap really is.