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Social Media Bubble Pops Before It Fully Inflates 200

Posted by Unknown Lamer
from the pop-pop-pop dept.
bdking writes "Groupon's IPO plans are melting down. Facebook has pushed back its IPO to next September. And now Zynga reports a 95% reduction in sequential quarterly profits. So much for the social media IPO bubble." At least everyone is getting let down before a lot of people lose a lot of money this time around.
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Social Media Bubble Pops Before It Fully Inflates

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