While many have been long term investors in Amazon from the time of the first mistimed
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digital boom in 2000 to this years fracas with Web 2.0, Linked In again raised hopes along with Facebook as Group on and Zynga tried to build a new business around the social media defined on the personal front by Facebook and professional front by Linked In.
Image via CrunchBase
While China’s censorship concerns yet spawned its own Sina Weibo, Twitter defined the ultimate in digital frustration when Facebook sang a $100 bln valuation song, Google losing a few pips a day throughout the year
Zynga of course is soon moving to its own platform hitting Facebook even as the new omnipresent web icon substitutes the revenue share from zynga (for using its payments platform) new advertising growing at almost a 100% rate Zynga pens in China with its own look and shape even as twitter like Sina Weibo start losing popular interest for new censorship from the government
A lot more believe in this edition of digital business models though discussions still start with how companies look for absurd valuations, denied by both Zynga which is pricing its IPO conservatively as virtual items revenue recognition could turn on it any minute and Facebook adding an extra $1 bln in its second year in revenues wth a$1 bln earlier last year
Conservative fund T Rowe Price has in the mean time jumped on to the new bandwagon with a 13% stake after the 13F filing for the third quarter in Linked IN (LNKD) T Rowe has $453 bln Assets under management. IT bought 5.2 mln shares of Linked In at an undisclosed pice in the last month
Related articles
- CEO claims Zynga could double paid users after IPO, and he’s probably right (venturebeat.com)
- ‘FarmVille’ maker Zynga hopes IPO raises $1B (seattletimes.nwsource.com)
- 1 Thing Wal-Mart Has That Amazon.com Doesn’t (fool.com)
- Do you really want to bet your business on Facebook? (sanderssays.typepad.com)
- Amazon.com: Customer Relationship Management (9781901844177): Books (serve4impact.com)
- Zynga abandons Facebook for Zynga City launch in China (geek.com)
- Sina WeiBo – China’s version of Twitter!! (vodafone.com.au)
- 2011: The Year of Sina Weibo (techrice.com)
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Investment Banker in salesclothes
[...] also featured big comebacks and bigger results from Amazon , Linked In and McDonalds, as Apple started losing in poor depressed Europe , while growing in US UK and [...]