To me it's another pump and dump. No way FB and Twitter are even worth that much. Their valuations (and reputations for impacting world events) are based on a user base that you cannot even prove is real. They will make money though, they've pump and dumped stuff before.
On Wed, Mar 2, 2011 at 8:15 PM, BTN wrote:After the impact that Twitter had on the riots in the Arab world, JP Morgan decided to splash circa $350M on Twitter. Go figure. They probably didn't want to be outshined by Goldman Sachs with their FB deal.
--
Wednesday, March 2, 2011
The Social Net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment