The newest internet bubble and what I'm trying the do about it (Groupon's IPO) :
Groupon is part of an elite club of social Internet companies that is fanning investor ardor for the next generation of technology giants. The gaming company Zynga is preparing to file for an offering that could value it at more than $10 billion, according to two people with knowledge of the matter who were not authorized to speak publicly.
Facebook, which recently raised $1.5 billion in a financing led by Goldman Sachs, is expected to file by next year. It’s the giant of the group, valued at as much as $80 billion.
On Thursday, the online music service Pandora moved one step closer to the public markets by setting its I.P.O. price range at $7 to $9, according to its latest filing. Pandora plans to raise as much as $141.6 million in its offering, at a $1.4 billion valuation.
I justed opted out of my daily Groupon email and am trying to delete my LinkedIn account (any suggestions on how to do that ... I'm afraid it might be like Hotel California).
On the other hand, I'm keeping my Pandora account.
*Alternative title: I can check out anytime I like, but I can never leave.