Persuasion Blog Prevents Web 2.0 Bubble?
18th December 2011
Not that I’m saying, but I’m just saying . . .
Of the 30 social media or Internet-related IPOs since the beginning of 2010, 80% are below where they opened on their first trading day and 60% are below their IPO price, according to Birinyi Associates.
There’s a Difference Between Smoke and Mirrors, and Persuasion; with Persuasion the Illusion Lingers . . . and So Does the Stock Price.