Vol. 9, issue 6, June 1st, 2012
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QUOTE 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."

Chris DeWolfe, CEO, SGN (co-founder and former CEO, MySpace)
Speaking on CNBC on May 30, 2012

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