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Sunday, June 26, 2011
Investors Poured $1.6 Billion Into Social Startups In Q1 | DigitalNext: A Blog on Emerging Media and Technology - Advertising Age
Investors Poured $1.6 Billion Into Social Startups In Q1 | DigitalNext: A Blog on Emerging Media and Technology - Advertising Age: "LinkedIn's $9 billion stock market debut last month may have stunned many on Wall Street, but it couldn't have been much of a surprise to the denizens of Sand Hill Road. In the months prior to the LNKD IPO, venture capitalists had been placing huge bets on social networks of all shapes and sizes. In the first quarter of 2011, private equity investors poured a staggering $1.6 billion into social networks, as our new piece of research - The SMI Guide to Social Media Funding - shows."
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Social Media, obviously more than just a flash in the pan. Peoples daily habits are actually beginning to change. Actually they have changed for a few years in a row now.
ReplyDeleteAn amazing phenomenon, and amazing amount of investors dollars going into either what was once something as small as and idea (intellectual Property) or perhaps even a website also IP -(like this one) poised for growth. From Ip-Ipo quite a large and dramatic leap.