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Varchild2008 (84.87)

The Social Network Bubble



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'"

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 (31.87) wrote:

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

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#2) On June 29, 2011 at 8:42 PM, Varchild2008 (84.87) wrote:

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


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.

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#3) On June 30, 2011 at 1:02 AM, awallejr (56.25) wrote:

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

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