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Sure, but Facebook is like AOL or Yahoo in the 2001 analogy it seems to me. Real companies at the top which are overpriced which leads to hyped prices for lots
by shoham 14y ago
Sure, but Facebook is like AOL or Yahoo in the 2001 analogy it seems to me. Real companies at the top which are overpriced which leads to hyped prices for lots of other companies like Pinterest ($7.7 Billion price tag as per Forbes), Instagram etc. Is it 2001? No, because there's that lesson to look at and learn from, but it's a bubble 'we're' in.
- beagle3 14y ago> Is it 2001? No, because there's that lesson to look at and learn from, but it's a bubble 'we're' in. Agree. As they say - history does not repeat itself, but it does rhyme.