Back to standard view
 
PennTags Avocet
search
Toolbox
togglefaq & answers
toggleprojects
toggle tags on this page
Posts with tag accounting created by any userIntersection: posts by  that have the tags "accounting and "finance"
accounting
Posts with tag banking created by any userIntersection: posts by  that have the tags "banking and "finance"
banking
Posts with tag business_area_studies created by any userIntersection: posts by  that have the tags "business_area_studies and "finance"
business_area_studies
Posts with tag business_intelligence created by any userIntersection: posts by  that have the tags "business_intelligence and "finance"
business_intelligence
Posts with tag centre_on_regulation_and_competition created by any userIntersection: posts by  that have the tags "centre_on_regulation_and_competition and "finance"
centre_ on_ regulation_ and_ competition
Posts with tag corporate_buyouts created by any userIntersection: posts by  that have the tags "corporate_buyouts and "finance"
corporate_buyouts
Posts with tag corporate_governance created by any userIntersection: posts by  that have the tags "corporate_governance and "finance"
corporate_governance
Posts with tag corporate_sector created by any userIntersection: posts by  that have the tags "corporate_sector and "finance"
corporate_sector
Posts with tag datasets created by any userIntersection: posts by  that have the tags "datasets and "finance"
datasets
Posts with tag economics created by any userIntersection: posts by  that have the tags "economics and "finance"
economics
Posts with tag emerging_markets created by any userIntersection: posts by  that have the tags "emerging_markets and "finance"
emerging_markets
Posts with tag facebook.com created by any userIntersection: posts by  that have the tags "facebook.com and "finance"
facebook.com
Posts with tag finance created by any userInactive
finance
Posts with tag financial_crisis created by any userIntersection: posts by  that have the tags "financial_crisis and "finance"
financial_crisis
Posts with tag financial_institutions created by any userIntersection: posts by  that have the tags "financial_institutions and "finance"
financial_ institutions
Posts with tag globalization created by any userIntersection: posts by  that have the tags "globalization and "finance"
globalization
Posts with tag international_finance created by any userIntersection: posts by  that have the tags "international_finance and "finance"
international_finance
Posts with tag investment_patterns created by any userIntersection: posts by  that have the tags "investment_patterns and "finance"
investment_patterns
Posts with tag management created by any userIntersection: posts by  that have the tags "management and "finance"
management
Posts with tag marketing created by any userIntersection: posts by  that have the tags "marketing and "finance"
marketing
Posts with tag ownership_structure created by any userIntersection: posts by  that have the tags "ownership_structure and "finance"
ownership_structure
Posts with tag performance created by any userIntersection: posts by  that have the tags "performance and "finance"
performance
Posts with tag public_policy created by any userIntersection: posts by  that have the tags "public_policy and "finance"
public_policy
Posts with tag social_networks created by any userIntersection: posts by  that have the tags "social_networks and "finance"
social_networks
Posts with tag trade created by any userIntersection: posts by  that have the tags "trade and "finance"
trade
Posts with tag web_start-ups created by any userIntersection: posts by  that have the tags "web_start-ups and "finance"
web_start-ups
Posts with tag wharton created by any userIntersection: posts by  that have the tags "wharton and "finance"
wharton
Posts with tag wrds created by any userIntersection: posts by  that have the tags "wrds and "finance"
wrds
view all
posts tagged finance
This article questions the very high valuation of social networking Websites (MySpace and Facebook being valued around $15 billion and $900 million, respectively) and compares these potentially inflated figures to the dot-com bubble before it burst. It describes the difficulty in making an accurate estimate of these companies’ worth because of a lack of data on their advertising revenues and cost structure. This article was an interesting look at the business end of social networking sites, as opposed to the cultural end (which is more frequently found in scholarly research). The potentially inflated valuations of these large-scale social networking Websites is also partially due to their high-speed growth. Both MySpace and Facebook have grown dramatically in the past few years (and will likely continue to do so), but this article argues that such growth does not necessarily bring profits to match.

 

My only critique of this article is that it vacillates between the view that the social networking companies could be a repeat of the dot-com bubble and the position that they are not in fact as risky as one might think. I didn’t feel that he fully reconciled those two opposing viewpoints by the end. They explain this discrepancy in terms of the companies being risky for investors but not for the marketplace as a whole, like the dot-coms of six years ago were. One might need a stronger background in investing and business to fully understand the implications of that statement. What I did find useful in this article though was its discussion of the social networking companies, specifically MySpace and Facebook, as major players in the business world. These new media Internet corporations, driven by user inputs, are currently being bought for many millions, and in some cases, billions of dollars. The article questions whether such Internet social networking Websites are a passing fad, but it appears that investors and corporations that buy into them (like Comcast, Viacom, Yahoo!, News Corp) think them stable enough for the time being.

 

 

From the website:

WRDS provides instant access to important databases in the fields of finance, accounting, banking, economics, management, marketing and public policy.

We provide universities with the following key benefits:

    * A Simple, yet Powerful Web Interface. We offer point-and-click access to many databases. You can research one firm or several hundred firms simultaneously. All the databases have a common interface and a consistent data format.

    * A Host of Research Applications. We offer sophisticated tools and sample programs for a variety of research, including: conducting event studies, testing asset-pricing models using Fama-French portfolios, calculating bid-ask spreads on different exchanges and securities, and much more.

    * Support from a team of PhD's and IT Specialists. Whether you use the web interface or run customized programs on our UNIX server, our staff of Phd's and programmers will answer your research and programming questions.

    * Classroom Learning Enhancements. WRDS interface is simple and straightforward. Faculty can easily integrate research data into classroom lectures and student projects.

    * Timely Updates. Our experienced IT staff converts and installs database updates, so research data can be accessed immediately. You no longer have to spend countless hours programming and decoding tapes or writing Fortran access programs.

trade business_area_studies emerging_markets finance | Modified: 25-MAY-06 | No copyright policy selected