Are we heading towards Social Network Bubble and repeating .com bubble
Are we on the edge of Social Networking Bubble burst?
Market is today filled with lot of social sites and these sites are funded by bankers and investors at a high premium.
Its not just facebook, twitter or Myspace but there are thousand of Social networking sites with daily new entries.
Same was the case in later half of 90's, people ignored the value factor and invested heavily in internet companies. And presently people wants to invest in Social Networking Sites.
The valuation of Facebook, Twitter, linkedin is very high. Will these companies really sustain this pressure and avoide the Social Network Crash?