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Social media bubble burst at 12.15 pm New York time on May 18: Valuation guru

The social media bubble that had been building up for the last five to six years might have actually burst. Aswath Damodaran, Professor of Finance at New York's Stern School of Business, and one of the world’s topmost experts on valuation, says Facebook IPO "might be actually the trigger for the end of momentum game" for social media companies. "I wouldn't be surprised if this is a dampener for new social media IPOs," Damodaran told VCCircle in an exclusive interview last week. The finance guru was in Mumbai for a two day training programme on corporate valuations organised by VCCircle's training arm.

Comments

babusk
enlightening views. great content. lovely academic. however, studio lighting looked like a startup garage. vcctv should aim higher and seek to emulate charlie rose's greenroom in sound, video, technology and photoshoot quality.
Manish
NO its not.
Ashok Shah
Common sense always prevails but may be late also.Social media companies valuation crash may be one of the largest valuation crash of 21st century for long time.

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