I'm getting a fair amount of buzz for my post over at the HBR site entitled Social Media, the Billion Dollar question. The basic argument I make there is that the whole social media phenomenon has some late 1990's Internet bubble characteristics that are a little disturbing from an investor/observer point of view. It's interesting that even as Facebook falls below its offering price that the other darlings of the social media world - Zynga and Groupon for instance - are also facing a decided lack of investor enthusiasm.
Social Media in the experimental business…
I'm getting a fair amount of buzz for my post over at the HBR site entitled Social Media, the Billion Dollar question. The basic argument I make there is that the whole social media phenomenon has some late 1990's Internet bubble characteristics that are a little disturbing from an investor/observer point of view. It's interesting that even as Facebook falls below its offering price that the other darlings of the social media world - Zynga and Groupon for instance - are also facing a decided lack of investor enthusiasm.