Bubble Trouble

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CFA Digest
November 2011 | Vol. 41 | No. 4 | 2 pages
Source: CFA Institute
Michael Santoli
Spencer L. Klein, CFA (Reviewer)

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Abstract

The author discusses the valuations of social media companies (such as Facebook, Groupon, and Twitter) and how they compare with the companies’ current earnings. He finds that most of the companies seem to be extremely overvalued.

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Topics
Corporate Finance
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  • Introduction to Investment Banking
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