Articles tagged with: facebook bubble
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After years of speculation over the wealth of the world’s largest online social network, Facebook announced the filing of its initial public offering. The IPO is speculated to become one of the largest valued stocks in wall street with estimates between $75 billion and $100 billion. The company’s filing means that this could be one of the largest IPO filings in history. If the stock succeeds or surpasses the hype, Facebook’s value on Wall Street would rival some of the biggest names in business, including Visa and Google.
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Eleven years ago, the stock market learned a painful lesson about investing in “dot-com” businesses and billions of dollars were lost. With only a handful of companies making it out of the fragile bubble, you would think that businesses would plan not to get into this market venture again. Yet even today, opinions from economists, tech broadcasts, and forums predict that a second dot-com crash is in the making. Is their any credibility to their claims, or have today’s dot-com businesses learned from their predecessor’s mistakes?

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