The Social Media Bubble

The business of social media is officially Generation Y’s Dot-com bubble. Though social media technology is clearly here to stay, just like “dot-coms,” the entire sector is dripping with incredible levels of hype as scores of young people attempt to create the “Next Facebook” and nearly every social media IPO has negative earnings or Dot-com bubble-like valuations. By creating nearly 500,000 U.S. jobs in recent years and causing real estate prices to rise again in former housing bubble cities like San Francisco and New York, the social media bubble is a strong contributor to the post-Great Recession “bubblecovery.”

Read more about the Social Media Bubble (aka The Facebook Bubble)