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Old 02-11-2013, 08:53 PM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,622
Quote:
Originally Posted by Cystomatic View Post
Pinterest has received millions in investments, pornhub didn't. Most of the current tech start-ups are over-valued - signs of a tech bubble coming. Lots of VC's are investing millions in start-ups that show no significant way to generate revenue, a la Foursquare, Path, Yelp and a lot others. Expect the bubble to explode once those dumb VC's finally realize that none of these start-ups are able to pull-in money.
I think Foursquare is already at this stage, they have received around $60 million in investments I think and are now in discussions to sell for around $15 - 20 million to Yahoo (from what I've heard).

Anyways, Manwin is a lot more worth than 2 billion in my eyes.
They IPO and the public is left holding the bag. Look at Yelp, FB, Angi, GRPN, etc.
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