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#BubbleMania: Social Media And Other Internet Unicorns

|Includes:Twitter, Inc. (TWTR)

On the eve of the TWTR IPO, it's time to revisit my recent "another Internet/Tech (2.0 so to speak) bubble is soon here" thesis once again.

Please note the chart below is already outdated for TWTR as the book is closing and TWTR valuation is now closer to $15-20 billion USD:

Twitter is expected to price its initial public offering at $25 to $28, The Wall Street Journal said Wednesday. The newspaper cited information from fund managers briefed by Goldman Sachs and Morgan Stanley, two of the banks underwriting the IPO. The reported price range would be higher than the upwardly revised IPO price range of $23 to $25 set by the San Francisco-based microblogging site this week. Twitter had initially set a range of $17 to $20.

How does TWTR's valuation stack up compared to other tech stocks? Here we go...

( Source: )

PS: That friendly ghost marks Snapchat's current valuation. Compared to Snapchat, TWTR at least has meaningful revenue at the moment.

Stocks: TWTR