Kind of a role reversal today with an interview on CFAX 1070 on the noon show, but then….the host, Adam Stirling is grilled later in the evening on an open Twitter chat!
No doubt the Facebook IPO was big news, and, in my opinion, a pure comedy of errors. It is not that long ago (or is it for new investors?) that the web was gold, nothing could kill the hype…and we saw so many great ideas die in the dotcom bubble that typified the stock market of the late 1990s. Apparently the rush for cash has not abated – considering how Reuters, BBC and CNBC rated the Facebook sell off. An over hyped stock, that went to $45 per share with an opening price of $38, and is traded at $30 on Tuesday the 23rd of May – 4 days that proved valuation of tech stocks is ephemeral.
and yes, kittens, hence the photo
We also chatted about #YYJChat, and how Social Media is changing the nature of local media – which lead into, frankly, an incredible interaction. You can read it here.
The Podcast: with host Adam Stirling on CFAX 1070