‘No, We’re Not In A Social Media Bubble’ – ‘ReadWriteWeb’

The latest post on ‘ReadWriteWeb’ is titled “No, We’re Not In A Social Media Bubble”.

Dave Copeland says, “In 1997, Scott Cherkin was the tenth employee and first salesperson hired by theglobe.com. Cherkin, now an executive vice president with Complex Media, remembers the company’s initial public offering, a year-and-a-half after he joined the company. At the time, theglobe.com had $15 million in annual revenue and no profits.

“While our IPO set records at the time, we were far from the exception of the time where venture capital was flowing like mad and IPOs were common,” Cherkin said”.

No, We’re Not In A Social Media Bubble

ReadWriteWeb