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September 27, 2011 10:05 pm

Social Media Bubble Pops Before It Fully Inflates

bdking writes "Groupon's IPO plans are melting down. Facebook has pushed back its IPO to next September. And now Zynga reports a 95% reduction in sequential quarterly profits. So much for the social media IPO bubble."At least everyone is getting let down before a lot of people lose a lot of money this time around.

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Bi25KM1o08k/Social-Media-Bubble-Pops-Before-It-Fully-Inflates

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