I just opened my latest email from Wharton School and ran across this article. As an active trader it should an interesting read. Feel free to share it with your trader friends.
Back in December, Google made a bid for the social e-commerce company Groupon that valued the company at $6 billion, according to press reports. By the end of the month, TechCrunch and others were putting a nearly $8 billion value on the company based on a new round of venture capital (VC) funding. Two weeks into the New Year, The New York Times reported that Groupon was talking to Wall Street bankers about an IPO that would value it at $15 billion. By March, Bloomberg had upped the IPO price tag to $25 billion. To read the rest of the article click here.
Thursday, April 14, 2011
Another Tech Bubble? Separating the Froth from the Facts
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