Valuations of social media companies are starting to remind us of 1999. But are they overvalued?
Now that Microsoft bought Skype for $8.5 billion, LinkedIn’s IPO valued the company at $8.9 billion after its first day of trading, and Facebook’s estimated value is pushing $100 billion, you might be starting to wonder if buying into user numbers rather than revenue is a good idea.
Social media site G+, a community of professionals, entrepreneurs and academics, put together this detailed infographic that lays it all out in front of you. Take a look at these valuations and let us know in the comments if you think this is getting out of hand:
Infographic courtesy Gplus.com