9, issue 6, June 1st, 2012
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OF THE MONTH:
"Facebook is a good lesson for everyone: buyer beware. There are
a lot of people trying to get liquid. All of the metrics were
completely out of whack so there was no credible way to value
the company. You couldn't base it on price earnings ratio. You
couldn't base it on a revenue ratio."
DeWolfe, CEO, SGN (co-founder and former CEO, MySpace)
Speaking on CNBC on May 30, 2012
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