LinkedIn, Zynga, Facebook, Groupon, Twitter, etc. — are already public, just not public on traditional stock exchanges… So, when they go re-public, that is, when they go public on more traditional exchanges, like Nasdaq or the NYSE, that will be the moment at which insiders exit en masse in an unprecedented way. Any professional investor who wanted a taste of this stuff has it, and they will be idiots not to exit when the liquidity improves on more traditional exchanges.
Dear Warren: Here are the Overvalued Social Networking Companies - Bloomberg (via jryu)
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