rammywhite wrote:The real question is how can a loss making business like this be worth $25billion.
We saw the dot.com bubble in the late 1990s when dot.com type companies shares rose to astronomic and what subsequently turned out to be ridiculous and unsustainable, heights- and then collapsed in a fit of post -traumatic sanity.
Are the values of these businesses ( like Facebook, whatsApp, snapchat and their ilk) now the start of a new dot.com bubble.
Yes Sir..... it's all mostly junk. Just to entertain the masses. However from an investors view point I think only Facebook makes money. Twitter has never made a penny....but is worth Billions ???? bloody daft.