As the stock market pounds Facebook's freshly issued shares, the social network's second day on the market hasn't eased our fears that we're in a social media bubble. In fact, it only suggests the bubble is coming to its end.
Before we watch Facebook be its public self at 11:00 a.m this morning, when its starts trading on the stock market, it's time to get caught up on what this all means. Before that bell rings in a few hours, here's everything you need to know.
If all the Facebook, Pinterest and Spotify over-valuation talk this week hasn't signaled a tech bubble, the spending happening in and around Silicon Valley should do the trick.
After receiving a $100 million investment from Japanese e-commerce site Rakuten, the "next Facebook," got a valuation 50 percent bigger than the already unbelievable price of Instagram.
Unlike the other Internet tech bubble before it, this social media variant, which the Facebook IPO will only further prove exists, has kept its money pretty contained.
The first Reuters headline on Zynga's first-quarter earnings blared that the company had lost $85 million. The update announced that it had posted a revenue of $321 million. As it turns out, both are true.
Amid all this talk of a social media and tech bubbles, one might think yesterday's bonanza debut of Splunk—which reached a $3 billion market valuation on its first day out—is just another indication of the impending tech bubble, but there's something different about this IPO.
Facebook's $1 billion acquisition of Instagram, a photo sharing app that costs zero dollars to use and has no source of revenue, sure feels like a social networking tech bubble.
A Wall Street Journal report has riled those used to the easy financing for startups
At the TechCrunch Disrupt confab the kids think just think, "It's electric!"
Tech company leaders are more worried than executives in other industries
One expert calls it a "wanna-bubble." But should we be worried about repeating 1999?
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