Last Wednesday, Microsoft acquired a 1.6% stake in social network site Facebook for $240 million, outbidding Google (which is stock-priced at $674 today). You probably heard of this, and it got more chatter started asking… is this a bubble? Here are some related quotes.
Facebook Bubble Cult Pushes Value To $100 Billion
Put your coffee down, you’ll spit it. Facebook cheerleaders, from within what must be a social networking tunnel (or cave?), have transformed themselves into prostrate worshipers, transubstantiating reason to whatever the digital equivalent is of 72 virgins.
Values And Egos Inflate: The Bubble Returns
A $750 billion Google? A $15 billion Facebook? $100 million for TechCrunch? Valuations like these are inspiring one of three reactions: laughter; elation; and déjà vu all over again. Even as that word is at the back of everyone’s (well, at least the skeptic’s) mind, some analysts say fat times are ahead in e-commerce.
Yahoo!Xtra Bubble Doesn’t Blow
“Yahoo!Xtra Bubble” – sounds like a kind of gum, doesn’t it? But it’s actually a new service that should soon become available to customers of Telecom New Zealand, and it’ll “offer a suite of premium services accessed through a personalised homepage – all at no extra cost.”
Bubble Popping Time For Online Ads
Ad revenue dropped for every major Internet player but Google in the second quarter of this year.
Whispers of the last dot-com crash have begun to surface again.
What Will Pop The Google Bubble?
Dave Winer says we’ll know Web 2.0’s bubble is popped when Google’s stock crashes.
Diller Not Buying This Bubble
Barry Diller, the head of IAC/InterActiveCorp, thinks the market for Internet companies is priced well above what they are truly worth.
Bill Gates Says Were Back In A Bubble
Hmmm, Bill Gates is reported to have said “we’re back kind of in Internet-bubble era in terms of people thinking: OK, traffic. We want traffic. We want traffic. There are still some areas where it is unclear what’s going to come out of that.”
Buyout Or Bust: Who’s Next In Bubble 2.0
The burning question, as Internet giants make a ritual of dining on user-generated startups, is about whether this bubbly climate can continue, and what, exactly, makes a good candidate for acquisition.
YouTube IPO? Shhhh! Don’t Say Bubble
Despite denying that online video phenom YouTube could be priced or bought for a bubbly $1 billion, founder Chad Hurley is warm to the idea of an initial public offering.