Use access key #2 to skip to page content.

Varchild2008 (85.48)

The Social Network Bubble

Recs

2

June 29, 2011 – Comments (3)

I'm going to start up a Social Network and quickly get it an IPO!

Here's the plan:

I'll register the domain   "Varchild2008'sSocialNetwork.com"

Then I'll just throw up a blank Web page for the home page.  "/home"

Then I'll register the IPO and rake in the cash!!!!

Because if it is a Social Network then it must be worth  999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999

times earnings.

3 Comments – Post Your Own

#1) On June 29, 2011 at 7:56 PM, ajm101 (32.94) wrote:

MySpace just sold for $35 million dollars, or $525 million dollars less than News Corp. bought it for.  Some bubble.

Report this comment
#2) On June 29, 2011 at 8:42 PM, Varchild2008 (85.48) wrote:

Uhh you just PROVED that the bubble exists with that fact.

Thanks.

In case you are confused about what a bubble is....

A Bubble is something like Myspace selling for $525 million dollars and then it BURSTS and its value is cut more than 50% or even goes to ZERO... Like suddenly bursting and becoming a value of $35 million years later.

Report this comment
#3) On June 30, 2011 at 1:02 AM, awallejr (83.26) wrote:

And Facebook is now worth 4 trillion dollars, no, wait, 8 trillion.  Man will people ever learn.

Report this comment

Featured Broker Partners


Advertisement