BITSA MAG 2012 S1

Page 42

Are we dreaming big enough? Words by Alex Manusu

Three months out from the Facebook IPO the hype has now dissipated, and we have seen what the market really thinks about the social juggernauts. Surprisingly, neither the meteoric rise nor the catastrophic failure that were both predicted played out. All the commentary about Facebook being the harbinger of doom for the current tech bubble seems to have disappeared as well. Although everyone loves to get caught up in such exciting events as the $100B successes that Facebook has achieved I can’t help but be a little disappointed by the promises of current crop of startups. 42


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