The big social network that is the last to raise money may find it waited too long.
Friday, June 3, 2011
Social Network Musical Chairs
Some of us might say there is a game of musical chairs being played by private social networks that believe now is the time to go public. Valuations are debated, but for those of you who think there is a social media bubble going on, the issue is how long before the bubble bursts and one of the IPOs simply breaks the trend line.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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