Jim Cramer On Social Media Valuations !There has been a recent wave of IPO activity in the world of social media, said the “Mad Money” host. Demand Media came public, and soon after shares jumped 38 percent. LinkedIn filed for its own IPO, with some analysts estimating it could be worth up to $3 billion (( now worth + $8 Billion after IPO )) as a publicly traded company. And other private ventures, including Foursquare, Kayak.com, Groupon, Zynga, Facebook, and Twitter are also set to IPO. And when these companies arrive on the open market, Cramer said, there will be a “valuation revolution” in new-media stocks. Their sky-high prices will affect the valuations of all other world Social Media names.
Go INT ! Go INT !
Hold On ! ;-)))