Social Media is over-valued
I have been writing for a while now about my views on social media companies and their apparent valuations. I just cannot see how these valuations can be so high, especially considering the known business models they each use.
LinkedIn was first, next comes the Groupon IPO.
The good folks at gplus.com gathered data and put in into a nice infographic to see the various valuations of some social media companies. I will add that there should be at least one correction to the graphic: it’s not a tech bubble; it’s a social media bubble.