THEME: BUBBLE REDUX
CBSMW:
Friendster, the social-networking site that's seen its membership base explode due to friends competing with friends to see who could get the most friends signed on, received a value of $53 million from Kleiner Perkins and Benchmark Capital.
A company with almost the exact same business model was feature in theFuckedcompany.com. It busted, but now this one is worth $53mm???
What will it take to pop the Bubble? Another blow up like Julian Robertson? Does this mean another sharp mega-rally next year?
CBSMW:
Friendster, the social-networking site that's seen its membership base explode due to friends competing with friends to see who could get the most friends signed on, received a value of $53 million from Kleiner Perkins and Benchmark Capital.
A company with almost the exact same business model was feature in theFuckedcompany.com. It busted, but now this one is worth $53mm???
What will it take to pop the Bubble? Another blow up like Julian Robertson? Does this mean another sharp mega-rally next year?
posted by Johnny @ 9:41 AM
0 Comments:
Post a Comment
<< Home