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Message
From
17/08/2012 15:37:22
Al Doman (Online)
M3 Enterprises Inc.
North Vancouver, British Columbia, Canada
 
General information
Forum:
Social platforms
Category:
Facebook
Title:
Miscellaneous
Thread ID:
01550630
Message ID:
01550676
Views:
41
>>Undecided. put this here in news or under humour.
>>
>>Facebook shares now trading at 19.85, about 50% of the offer price.
>>All that investor money just disappears like a popping soap bubble.
>
>Closer to home, Groupon shares have also dived after the initial excitement. The brilliant idea (discounted restaurant meals of the day) has faded through replication and they need adult management. I hope they can rebound. They have been at the head of a new tech surge in River North, a formerly blighted area close to downtown Chicago.

I'm not happy with Groupon-type companies:

- Do they add value? ONLY if considered as a pure advertising play, debatable even then

- Are they sustainable? No, the underlying businesses can't keep operating at Groupon price levels.

Looks frothy to me.
Regards. Al

"Violence is the last refuge of the incompetent." -- Isaac Asimov
"Never let your sense of morals prevent you from doing what is right." -- Isaac Asimov

Neither a despot, nor a doormat, be

Every app wants to be a database app when it grows up
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