Linkedin and Pandora have recently been listed in the US and I would have thought that the lessons of the dot com bubble would have been learned and remembered. Instead, the IPOs for these 2 companies went through the roof.
At one point, the PE ration of Linkedin was in 4 digits. Pandora has never made a profit all these years and yet the IPO could be priced beyond it's initial price. Have people forgotten the fundamentals of a business?
A bubble? Looks like it.
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I am very happy to of joined up with this discussion board and I look ahead to be able to speaking with you inside here soon.
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