> If it continues to languish, people are going to be much more skeptical in making investments and even starting web based businesses.
Is the latter part of that really true? Starting a web based business is worlds easier/cheaper than just about any other kind. I see this more as injecting a dose of reality and doing away with the give-things-away-to-get-big-then-monetize-somehow "business plan".
I don't think the possibility of a $50B exit vs a $100B exit will make any difference for most angel investors.
Re:Facebook trades under $30, down 7%+
by waterlesscloud on Tuesday May 29, 2012 @01:30PM
(#4038628)
What will make a difference is that neither Instagram or Pinterest would get anywhere near as much of a valuation today as they did a month ago.
I wonder how much of the current froth is based on people trying to be the next Facebook or Instagram?
If Facebook takes off and justifies their early valuation, the startup/angel/incubator/VC world would go into the stratopshere.
If it continues to languish, people are going to be much more skeptical in making investments and even starting web based businesses.
A lot hinges on this stock price for the rest of us....