Business
Google+ Popularity Adds $45B to Net Market Value
Mountain View, Calif. — Google’s encore decision to dive into the social media market is paying off — big time.
Whenever I hear that an investment trend is a sure thing, I instantly get skittish. After all, in today’s hyper-competitive world, which is also beset with huge economic challenges, things can turn sour quickly. So, yes, the latest sure thing is that the IPOs of Facebook, Zynga and Twitter will be mega hits. That take is based on solid logic — hey, despite yesterday’s plunge in the market, LinkedIn’s (NYSE: LNKD ) shares were actually up (going above the $100 mark).
Google+ May Be a Minus for Social-Network IPOs
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