Tuesday, August 14, 2012

Social's got the hiccups

Silicon Alley Insider posted a chart last week showing the dismal performance for the initial wave of consumer oriented social IPO's. There's no doubt that initial public investors, as well as late stage private equity firms are feeling some trepidation. Nonetheless, the comparison with the market collapse of internet stocks around 'the bubble' of '00-'01 is just not applicable.

chart of the day, stock performance for tech companies after their recent ipos, july 2012

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