Poll Results: Nearly 75% Think We ARE In an Internet Bubble
In case anyone is wondering, we are in an internet bubble. That’s according to the results of our weekly poll. Yesterday, we wanted to know if our readers thought we were in another bubble (the first Internet bubble, the so-called "dot. com bust" occurred early in the last decade). A very resounding 74.6% think we are in a bubble. Of course, this means that 25.4% don’t think we are. So why all this hyped-up bubble talk? Because Pandora Media, which is unprofitable, went public this week and did okay (Of course, Pandora’s shares yesterday fell below their offer price so maybe some people are worried). Pandora’s IPO followed the rousing debut from LinkedIn, which rocketed 109% in its first day. Fusion-io and Yandex (the Russian Facebook) also did well in their market debuts. Groupon is expected to go public soon (despite its losses) and could have a $25 billion valuation.
