Senh: I guess investors aren't heeding the advice of analysts who thinks the business model isn't sustainable. I just hope they and other recent internet ipos don't fail and start another bubble.
Senh: SecondMarket is an original concept. The idea is so simple, which is probably why it's catching on. The only problem I see so far is that it really over-inflates valuations of private companies like Facebook and Twitter. Their valuations are 50-100 times their revenue. It allows employees to cash in on the hype of their companies, rather than on actual revenue.