<![CDATA[The social network bubble - Valleywag Comments]]> <![CDATA[The social network bubble - Valleywag Comments]]> <![CDATA[The social network bubble]]> Nick, I'm disgusted by your bitter pot shots at people who are grasping the nettle instead of stitting back and compaining.

I say put up or shut up. In the spirit of the valley and its denizens I propose a venture borne of greed and self interest. Part pyramid scheme, part stock scam and part social network, we start a web site whos membership entitles you to stock in the company (No purchase nesessary so with a bit of luck the SEC will leave us alone). We give early joiners more stock to encourage people to join and a limit on the total amount of stock. As the membership grows we approach some VC sharks, for a little cash and a lot of PR. Membership snowballs, sell to the Googs, liquidity event, Coke party.

Who's with me?

sweetness666

]]> <![CDATA[The social network bubble]]> Isn't MySpace personal ads for high school kids and Facebook for those in college? When whatever generation using them grows-up, I'm sure the next will have something different. Hence, perhaps, another definition of an illusionary bubble?

IOW: Yahoo! will be around, long after these others have gone.

Magister

]]> <![CDATA[The social network bubble]]> I'm not so sure. Given the real revenues and margins that these businesses are generating, not to mention the growth rates, those valuations don't look that crazy. Given that more than 10% of the time that people spend on the web is now on Facebook or Myspace, seems logical that they should represent a fair slice of the value as well...

midas

]]> <![CDATA[The social network bubble]]> "before retail investors even discover the wonders of Facebook apps."

heh

Alex

]]> <![CDATA[The social network bubble]]> Oh...these are stock bubbles? I thought it was a hot air balloon race.

edmDusty

]]> <![CDATA[The social network bubble]]> Amazon's market cap: $29B

Pass the bong, gents.

epsilonsemimoron

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