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Signs Of Another Tech Bubble - Facebook, Instagram, Zynga, Groupon, Etc.

Tuesday, May 29, 2012 - 4:58 AM
Facebook's IPO is one indication of a bubble. Also, what Facebook did last month is another indication. In April Facebook paid $1 billion for the internet startup Instagram. This is a photo sharing and editing program that's targeted to smart phone users. It has no revenue. This interesting infographic compares Instagram with the New York Times showing how overvalued Instagram and many of the latest internet companies are.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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