Big investors are rushing to give money to the big names in social media – Twitter, Zynga, Groupon. Smaller investors who want to follow the trend need to proceed with a good deal of caution.
We’re seeing another Internet boom take off as social media companies rush to file IPOs while the industry is hot. While some early investors should do well, others may end up holding hot air.
In this timely article, the Wall Street Journal’s Rolfe Winkler reminds investors what happened in the aftermath of the last big Internet stock boom.