Wrong again I know how trends work I know how wallstreet favors smarty companies and sex predetors aren't a big deal. Myspace shows no sign of slowing in spite of a few rotten apples.
makloda your killing me Webvan was losing shitloads of money due to its huge infastructire Facebook is very profitable I know how this stuff works I know how these internet companies work.
They already talked about these social networking sites being overvalued just like the dotcoms of the late 90's. Myspace is the leader in this area, who knows how long it can continue, but when it does fade you will be holding shares at a nice loss if it were to ever go public.
even linkedin is looking yo go public. LinkedIn marks progress to IPO, hires ex-Tivo CFO Tue Jun 26, 2007 4:15PM EDT By Eric Auchard SAN FRANCISCO (Reuters) - Armed with a bevy of new managers from top Silicon Valley firms and explosively growing revenues, business networking site LinkedIn Corp. is gearing up to become one of the first big post-dotcom Internet IPOs. LinkedIn, a buttoned-down sort of MySpace or Facebook for the corporate professional set, has seen its membership double to nearly 12 million users over the past nine months, Chief Executive Dan Nye told Reuters in an interview. It makes money from subscriptions, advertising and fees from job recruiters. http://www.reuters.com/article/internetNews/idUSN2532491520070626
nope I know people said bidu was overvalued at 100 lol those losers were wrong I know how stocks work and I know how valuations work werd
I'm not an industry insider, but I've been following internet related/web2.0 industry for awhile. I also run a few popular websites myself.
yeah the internet/web 2.0 industry is strong right now. I don't think most people realize internet ad spending surpassed the .com bubble highs a couple years ago and its still growing at a steady pace. By the way stock_trad3r, what websites do you run?