"Groupon looking to raise the largest round of equity financing since Pixar"
I feel like there is an internet company bubble again. That would be consistent with investors not having learned a thing from the 2000 and 2008 crashes.
It's one thing for a company with strong network effects - like Facebook - to command a huge valuation. But all these "me too" companies with lots of competition and little profit? Bubblish.
No comments:
Post a Comment